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SCAPIA FUNDING
ETtech Deals Digest: Startups raised $1.11 billion in May, up 37% on-yearIndian startups secured approximately $1.1 billion in May, a significant 37% year-over-year increase, driven by Rapido's substantial $240 m...- ETtech Deals Digest: Startups raise $122 million this week, down 5% on-yearThis week’s tally, however, was down 84% from the previous week when startups raised around $789.8 million, thanks to Rapido’s mega $730 mi...
- Scapia secures $63 million funding from General Catalyst, Peak XV Partners and Z47Scapia, a travel fintech startup, has secured $63 million in a funding round led by General Catalyst. Scapia plans to use the funds to expa...
- Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
- Scoop: Ex-Peak XV trio launches Mettle Capital, targets $350–400 million fund to back Indian startupsThree former Peak XV Partners, Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma, have launched Mettle Capital. The new venture capital fu...
- New-age B-school report highlights strong startup placements and early offersMesa School of Business, a startup-focused, AI-first institution backed by Elevation Capital, has released independently audited placement ...
- Co-branded cards squeeze; Slice’s valuation resetHappy Wednesday! Global economic challenges are casting dark clouds over the Indian consumer lending business. This and more in today’s ETt...
- Gig worker shortage continues; IT weathers war jittersHappy Monday! Quick commerce, ecommerce and home service platforms are facing gig worker shortages. This and more in today’s ETtech Morning...
- VCs double down on high-growth bets as select startups ratchet up steep valuationsIndian mid-stage startups are seeing significant valuation surges despite a broader funding slowdown, indicating a concentrated pool of hig...
- Early-stage funding value ticks up 46%, but numbers decreaseInvestments in startups across seed to series B stages have increased 46% in value terms in 2025-26, till March 27, compared to the previou...
- Peak XV alum’s fund; Snabbit, Scapia funding; Upgrad-Unacademy dealHappy Monday! Former Peak XV Partners executives have launched a new early-stage venture fund. This and more in today’s ETtech Morning Disp...
- Travel fintech Scapia in talks with General Catalyst to raise $50-60 millionScapia is in early talks to raise $50–60 million led by US VC General Catalyst, aiming to expand its co-branded credit cards and travel boo...
- Travel firms tune into AI tech big timeIndians are increasingly turning to AI platforms for personalised travel planning, and online travel platforms are rushing to tap into this...
- ETtech Deals Digest: Startups raise $848 million in April so far; down 27% on-yearStartups across early and late stages raised the funds through 86 rounds, compared to 116 rounds in the year-ago period.
- ETtech Deals Digest: Startups raise $309.7 million this week; up 3.3x on-yearStartups across seed, early, and late stages raised the funds through 25 deals, compared to 75 in the year-ago period.
- Travel fintech startup Scapia raises $40 million from Peak XV, existing investorsTravel-focused fintech Scapia, founded by ex-Flipkart executive Anil Goteti, raised $40 million in funding led by Peak XV Partners. The sta...
- Federal Bank restarts co-branded credit card issuance with fintech startup ScapiaScapia was founded in 2022 by Anil Goteti, who was previously a senior vice president at ecommerce behemoth Flipkart.
- ETtech Deals Digest: Early-stage investments boost startup funding to $62 million this weekThe funding plummeted by 73% in the week from Nov 20 to 25, compared to the same period last year, when startups secured $224 million acros...
- Travel fintech Scapia raises $23 million in round led by Elevation Capital, Binny Bansal’s Three State Ventures, othersThe new capital will be used to double down on the company’s growth, expand its customer base, onboard more banking partners, and strengthe...
- Anil Goteti’s Scapia raises $9 million in seed capital from Matrix, Tanglin, Binny Bansal's fundScapia, a startup founded by Anil Goteti, a former senior executive at Flipkart, has raised $9 million (around Rs 73 crore) in its first ro...
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