Travel Fintech Company Scapia Nears Close of $20-25 Mn Fundraising Round, Led by Binny Bansal’s 3STATE Ventures

  • The Bengaluru-based start-up founded by Anil Goteti is finalizing its second funding round of 2023, with contributions from prior investors Matrix and Tanglin.
  • Scapia’s co-branded credit card, created in partnership with Federal Bank, turns everyday expenses into travel rewards, and also features a travel platform for instant reward redemption.
  • Post-funding, Scapia’s expected valuation is around $100 million.
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