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94 Why a four-year-old Indian credit card startup just crossed a $500M valuation against the cycle

Silicon Canals
Silicon Canals Editorial Team @ Silicon Canals 1 place · today 06:43 EDT

Why a four-year-old Indian credit card startup just crossed a $500M valuation against the cycle

Indian travel-fintech startup Scapia has raised $63 million in a Series C round led by General Catalyst, pushing its post-money valuation past $500 million — more than double its April 2025 mark, according to TechCrunch . Existing backers Peak XV Partners and Z47 also participated in the all-equity round.

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