Scapia’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Scapia Technology Private Limited | CIN: U63040KA2022PTC156640
Founded by Anil Goteti in 2022, Scapia is a fast-growing travel fintech startup redefining credit card rewards and travel experiences for Indian consumers. Scapia offers a unique travel-focused credit card program in partnership with Federal Bank, providing instant rewards and seamless booking experiences through its dedicated app. The company aims to simplify travel finance by offering transparent, customer-friendly features, including zero forex markup and rich reward points for every spend. Scapia’s vision is to enable more people to travel by making travel financing accessible and rewarding, thus positioning itself uniquely at the intersection of fintech and travel.
| Founded | 2022 |
|---|---|
| Headquarters | Bengaluru, India |
| Valuation | ~$100 million (2023 est.) |
| Annual Revenue (FY24 est.) | ₹15 Cr |
| Net Loss (FY24 est.) | ₹42 Cr |
| Employees | ~80 |
| Round | Year | Amount | Lead Investors |
|---|---|---|---|
| Seed | 2022 | $9 million | Elevation Capital, 3STATE Ventures |
| Series A | 2023 | $14 million | Existing and new strategic investors |
Scapia is in its early monetization phase, with estimated revenue growing from ₹0 Cr in FY22 to ₹15 Cr in FY24 as user adoption and card spends increase.
High negative EBITDA margins reflect heavy initial marketing and customer acquisition investments, which are expected to narrow as scale increases.
Scapia has grown its team from 20 in FY22 to around 80 in FY24, focusing on technology, customer service, and product development roles.
The company aims to expand partnerships, diversify credit offerings, and capture a larger share of India’s travel-focused fintech market. IPO considerations are long-term and depend on future profitability.
Scapia recently raised additional funding to accelerate marketing, enhance app features, and expand travel partnerships, reinforcing its vision to transform travel finance in India.
| Metric | Detail |
|---|---|
| Revenue FY24 | ₹15 Cr – Initial growth driven by credit card spends and rewards engagement. |
| Net Loss FY24 | ₹42 Cr – Expected for early-stage, high-growth startups focused on customer acquisition. |
| EBITDA Margin | -120% – Reflecting aggressive investment in user growth. |
| Valuation | $100 million – Backed by strong investor confidence and market opportunity. |
| Employee Count | 80 – Key hires in tech and customer success teams support expansion. |
Scapia’s early momentum in India’s travel fintech space demonstrates its potential to become a leader in credit card rewards and travel experiences. With strategic funding and a strong user focus, the company is poised for future growth. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
Entrackr, Economic Times, Business Standard, Scapia press releases.
Disclaimer: The information presented in this report is intended for general informational purposes only and does not constitute investment advice. All financial data is based on public sources and estimates where necessary.