India-based travel payment platform Scapia has secured $63 million in a funding round led by General Catalyst, with participation from existing investors Peak XV Partners and Z47. This all-equity round values the company at over $500 million, marking a significant valuation increase since April 2025. Founded in 2022 and headquartered in Bangalore, Scapia has now raised approximately $126 million in total funding. Scapia's platform integrates co-branded credit cards, UPI-based payments, and travel booking services into a single app, targeting young users seeking flexible travel rewards and seamless payment experiences. Over the past year, the company has seen substantial growth in its user base and booking volumes. The new funds will be used to expand product offerings and hire AI-focused talent to enhance its competitive edge in India's fintech market. Scapia currently partners with Federal Bank and BOBCARD for its co-branded card offerings and plans to add another banking partner soon.