Scapia secures $63 million Series C funding led by General Catalyst to accelerate AI-driven travel fintech expansion. The startup, operating at the intersection of fintech and travel, plans to invest heavily in AI-native product development, talent acquisition, and customer base scaling. With co-branded credit cards through Federal Bank and Bank of Baroda, Scapia is positioned to capitalize on India's growing travel spending trend, where Gen Z consumers are projected to spend $102 billion on travel by 2030, up from $32 billion in FY24. The company emphasizes that AI implementation will focus on user experience and design through audio-visual interfaces rather than traditional chat-based systems. Peak XV Partners and Z47 continue as existing investors in this all-primary round.
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