Travel fintech startup Scapia raises $40 million from Peak XV, existing investors
Travel-focused fintech startup Scapia, founded by former Flipkart senior executive Anil Goteti, has secured $40 million in an equity funding round led by Peak XV Partners, with existing investors Elevation Capital, Z47 and 3State Capital participating.“We will use the fresh funds to invest in brand building, build new services and categories focused on young travellers, and also expand the team by 50%,” Goteti told ET.Goteti aims to expand the company's user base by around four to five times ove...
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