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Peak XV-backed credit card fintech Scapia sees revenue jump in FY25

Peak XV-backed credit card fintech Scapia sees revenue jump in FY25

16 Dec 2025, 15:33 PM

The travel fintech's net loss narrowed to Rs 83 crore in FY25 from Rs 87.9 crore reported in FY24.

Juspay strikes strategic deal with Sabre Direct Pay to boost travel payments

Juspay strikes strategic deal with Sabre Direct Pay to boost travel payments

25 Nov 2025, 16:34 PM

Juspay will also deploy its tokenization technology within Sabre Direct Pay's platform as part of this deal.

Travel card fintech Scapia raises $40 million led by Peak XV

Travel card fintech Scapia raises $40 million led by Peak XV

04 Apr 2025, 01:39 AM

Existing investors Elevation Capital, Z47, and 3STATE Capital also participated in the round.

Cred sells Happay to MakeMyTrip

Cred sells Happay to MakeMyTrip

18 Nov 2024, 23:03 PM

MakeMyTrip has signed a business transfer agreement to acquire Happay, which was previously acquired by Cred in a $180 million deal in 2021.

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Fintech Highlights

  1. MobiKwik FY26 revenue from operations dips, net loss narrows

  2. Pine Labs partners with Philippines’ GCash for Business

  3. Digital precious metals players form self-regulatory body

  4. Sindhuja Microcredit raises $5 million in pre-Series D funding

  5. PB Fintech gets SEBI approval to enter debt broking business
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AI/Emerging Tech

  1. Fractal Q4 FY26 revenue from operations up 17% to Rs 886 crore

  2. ONGC to launch second startup fund of Rs 200 crore, seeks investment advisors

  3. Flo Mobility bags pre-Series A funding co-led by Mela Ventures, Arali

  4. Fi cofounder Sumit Gwalani launches stealth AI venture for enterprises

  5. Skyroot Aerospace becomes India’s first spacetech unicorn after $60 million fundraise
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IPO Tales

  1. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  2. Shiprocket IPO: A profitable core, costly emerging bets

  3. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  4. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor
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Money & Machines

  1. Razorpay's IPO + Visa's appointment + AI-IT tieups

  2. The Slice transition; Spyne's R&D obsession

  3. The fintech crackdown continues; The ROI paradox in AI

  4. 'Guilty, until proven innocent'; The ARR illusion
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PE/VC Tales

  1. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

  2. Micro VCs: Fueling India's startup pipeline or distorting it?

  3. Inside the fintech and financial services bets of Peak XV, Accel, Elevation

  4. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund
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