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Scapia raises $63 million led by General Catalyst

Scapia raises $63 million led by General Catalyst

21 May 2026, 12:17 PM

Existing investors Peak XV Partners and Z47 participated in the funding round.

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.

Who Reads Us

Fintech Highlights

  1. Neo Group raises Rs 350 crore in funding round led by Peak XV Partners

  2. Kissht gets AMFI registration for mutual fund distribution biz

  3. Finova Capital FY26 revenue up 21% to Rs 921 crore, net profit falls 11%

  4. Groww Q1 revenue up 66% to Rs 1,501 crore, net profit surges 94%

  5. InsuranceDekho targets September DRHP filing for Rs 2,500-3,000 crore IPO
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AI/Emerging Tech

  1. Thinking Machines Lab launches its first AI model Inkling

  2. SwitchOn secures pre-Series B funding led by IvyCap Ventures

  3. KuhlTherm bags seed funding led by Arkam Ventures

  4. Emergent raises Series C funding round led by Creaegis at unicorn valuation

  5. E3 Electric.Ai raises Series A funding led by BluVenture Holdings
  6. Read more news...

IPO Tales

  1. Zepto IPO: Can this cash-hungry quick commerce model turn profitable?

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

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

  4. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test
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Money & Machines

  1. Money & Machines: Regulating crypto without regulating crypto; iMerit's human edge

  2. Money & Machines: Pricing Razorpay; Where is Indian PE in AI?

  3. Money & Machines: When fintech forgot to party; AI hype missing cheques + Stock Chart [story]

  4. Money & Machines: MobiKwik's Third Lending Act; The Entry-Level Squeeze
  5. Previous editions...

PE/VC Tales

  1. Inside the fintech bets of Blume Ventures

  2. There's much more to AI than just agentic AI: Inflexor's Harsha Mundhada

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

  4. Micro VCs: Fueling India's startup pipeline or distorting it?
  5. Read more news...

Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]