Former Flipkart Exec Anil Goteti’s Fintech Startup Scapia Bags $23 Mn From Elevation Capital, 3STATE Ventures

  • With the latest round, Scapia’s total funding stands at $32 Mn till date
  • The fresh proceeds will be deployed for marketing efforts aimed at expanding awareness of the product and increasing the customer base
  • Scapia launched its co-branded credit card five months back in partnership with Federal Bank

 

Bengaluru-based travel fintech startup Scapia, floated by former Flipkart executive Anil Goteti, has secured $23 Mn as a part of its Series A funding exercise co-led by Elevation Capital and Binny Bansal’s 3STATE Ventures.

The round also saw participation from existing investors such as Matrix Partners India and Tanglin Venture Partners.