Scapia

What Scapia does

Scapia is a Bengaluru-based, AI-first travel-fintech company founded in January 2022 by former Flipkart SVP Anil Goteti. It operates a single integrated consumer platform (mobile app and web at scapia.cards) that combines a co-branded credit card issued in partnership with Federal Bank and BOBCARD (Bank of Baroda) with a full-stack Indian travel marketplace covering flights, stays (5 lakh+ properties), trains (via IRCTC), buses (1,000+ operators), visa services (45 countries) and an AI-powered experiences catalogue (22,000+ activities via Headout and GetYourGuide). The company's flagship differentiator is India's first dual-network co-branded credit card spanning Visa and RuPay rails, positioned as zero joining, zero annual and zero forex markup and earning Scapia Coins (5 coins = ₹1) redeemable across the platform.

The technology stack is built around the Scapia Coins rewards engine, a TPAP integration with NPCI for UPI payments (Scapia Pay) and an AI-driven personalisation layer spanning recommendation, anomaly detection and conversational discovery. Revenue is generated transactionally through co-branded card revenue share (interchange, partner-bank economics, rewards infrastructure), travel booking commissions and convenience fees, Scapia FlexiFly free-cancellation fees, cross-border card spend economics (SmartForex on Visa) and UPI-linked card usage. The Scapia Store e-commerce storefront is operated by Revolutionary Kommerce Private Limited (RKPL) on a facilitative basis.

Scapia serves primarily Gen Z and millennial Indian travellers, with about half of its user base drawn from Tier-2 and Tier-3 cities and a fast-growing women-solo-traveller cohort. Distribution is direct-to-consumer through the app and web, augmented by bank-led card issuance channels and high-visibility IPL cricket sponsorships (Gujarat Titans, Royal Challengers Bengaluru) for the 2026 season. The company has raised approximately $135M across four equity rounds (seed 2023, Series A 2023, Series B April 2025, Series C May 2026) and was last valued at over $500M post-money; reported revenue was approximately Rs 40.4 crore (~$4.8M) for FY ~2025-26, a roughly 70% year-over-year increase alongside reduced losses, with customer count up approximately 7x year-over-year.

Name

Scapia

Legal name

SCAPIA TECHNOLOGY PVT. LTD.

Website

https://scapia.cards

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

51–100 employees

Short description

Scapia is a Bengaluru-based travel-fintech company that combines a co-branded Visa/RuPay credit card (issued with Federal Bank and BOBCARD) with an integrated AI-driven travel marketplace serving primarily Gen Z and millennial Indian travellers, including a large Tier-2/3-city and women-solo-traveller base.

Ownership category

akta.pro rank

Product category

Travel-focused Consumer Fintech (Co-branded Credit Card and Integrated Travel Marketplace)

NAICS

Credit Card Issuing (522210), Credit Card Issuing (52221), Travel Agencies (561510)

SIC

National Commercial Banks (6021), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Co-Branded Credit Card Partnerships (Issuers/Networks) (THABAKAD)

akta.pro secondary industries

Co-Branded Card & Card-Linked Offers Enablement (Issuer/Network Integrations) (THALAKAI), Rewards, Rebates & Program Optimization (Interchange, Supplier-funded) (THACAJAK)

Keywords

• Travel credit card
• Co-branded credit card
• Travel booking platform
• UPI payments app
• Travel rewards programme

Headquarters

HQ city

Bangalore

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Co-branded credit card revenue share (Federal Bank + BOBCARD): Revenue generated from the issuance and usage of co-branded Scapia Federal and Scapia BOBCARD credit cards. Scapia is the co-branding partner, the cards are issued and managed by the partner banks, and Scapia earns from interchange, merchant offers, programme management and rewards infrastructure.
2. Travel booking commissions and convenience fees: Scapia acts as an aggregator/intermediary for flights, stays, trains, buses, visas, experiences and unmapped tours, earning convenience fees, service fees, platform fees, processing fees and Coin Redemption Fees, plus commissions from Travel Service Providers and Travel Aggregators.
3. Scapia FlexiFly fee: Non-refundable processing fee paid by users for the free-cancellation facility on domestic flights, retained by Scapia regardless of cancellation outcome.
4. Foreign exchange / cross-border card spend economics: Zero forex markup is a customer-facing benefit; the economics are typically captured via card issuance partnerships, interchange and bank revenue-share. The 'SmartForex' feature is offered only on the Visa variant.
5. Scapia Store (e-commerce referral): Scapia Store is operated and managed by Revolutionary Kommerce Private Limited (RKPL); Scapia plays only a facilitative role providing backend/integration services. Revenue is derived from a facilitative arrangement with RKPL rather than direct goods sales.
6. UPI payments (Scapia Pay) economics: As a NPCI-authorised Third-Party Application Provider (TPAP), Scapia facilitates UPI payments including Credit on UPI. Revenue is captured indirectly via card-linked transactions, rewards structure and partner-bank revenue share.

Pricing tiers

Go-to-market motion4 records

Distribution channels6 records

Marketing channels9 records

Core offering

Scapia operates a co-branded travel credit card (issued in partnership with Federal Bank and BOBCARD) combined with an integrated travel marketplace and UPI payments app. The card is positioned as zero-fee (zero joining, zero annual, zero forex) and converts everyday spend into Scapia Coins (5 coins = ₹1) redeemable across flights, stays, trains, buses, visas and experiences.

Product overview

Scapia operates a single integrated travel-fintech platform (web at scapia.cards and the 'Scapia: A Card for Travellers' mobile app) that combines a co-branded credit-card product (issued in partnership with Federal Bank and BOBCARD) with a comprehensive travel marketplace, UPI payments, and a curated shopping storefront. At the core sits the Scapia Co-branded Credit Card (available in Visa, RuPay, and dual-network variants) which powers the Scapia Rewards/Scapia Coins programme. Around this core, Scapia has built modules including Scapia Pay (UPI payments with 5% rewards), Scapia Flights, Scapia Stays, Scapia Trains, Scapia Buses, Scapia FlexiFly (free cancellation on domestic flights), Scapia Visa Services, Scapia Unmapped (curated group tours), Scapia Experiences (AI-powered tours and activities via Headout and GetYourGuide), Scapia Store (travel shopping, operated by RKPL), Scapia Trips (curated group travel with personalised itineraries), and Scapia Airport Privileges (dining, retail and duty-free benefits). Supporting infrastructure includes the Scapia Federal Add-On Credit Card, BBPS credit-card bill payments, the m2pfintech-powered Card Controls panel, and the Scapia Coins rewards engine. This is therefore a platform-plus-modules architecture, with the credit card and Scapia Coins rewards engine acting as the unifying core that ties every travel and payment product together.

Differentiator

Problem solved

Functional benefit

Brands

• Scapia Federal Credit Card: Co-branded credit card issued in partnership with Federal Bank; India's first dual-network co-branded credit card spanning Visa and RuPay.
• Scapia BOBCARD Credit Card
• Scapia Pay
• Scapia Store
• Scapia Experiences
• Scapia Trips
• Scapia Coins
• Scapia Unmapped

Products and services

• Scapia Federal Credit Card (Visa) Zero-joining, zero-annual, zero-forex-markup co-branded credit card issued by Federal Bank in partnership with Scapia. Cardholders earn Scapia Coins on every transaction, get unlimited domestic lounge access, international airport privileges, and 5% rewards on UPI spends via Scapia Pay. Accepted by millions of merchants in 150+ countries.
• Scapia Federal RuPay Credit Card India's first dual-network RuPay credit card, issued in partnership with Federal Bank, that blends UPI, credit and travel rewards. Designed for UPI-based everyday spending with the credit advantage, and integrates natively with Scapia Pay.
• Scapia BOBCARD Credit Card Co-branded credit card issued by Bank of Baroda Cards (BOBCARD) in partnership with Scapia, available in a RuPay variant. Shares the Scapia rewards, zero forex and travel benefits programme with the Federal Bank variant.
• Scapia Federal Add-On Credit Card Add-on credit card from Scapia and Federal Bank that lets primary cardholders share credit limits and travel benefits with family members while keeping independent usage and repayments.
• Scapia Pay In-app UPI payments product that converts everyday UPI transactions into 5% travel rewards when paid through Scapia RuPay credit cards. Includes a proxy UPI ID for privacy, one-click RuPay credit linking, first-time payment flags, smart 'heads-up' prompts for high-value transactions, intelligent suggested contacts, and contact/merchant-wise spend tracking.
• Scapia Flights Domestic and international flight booking engine with access to all global airlines, integrated with Scapia FlexiFly free cancellation on domestic flights. Scapia acts as a facilitator; the contract of service is between the user and the airline.
• Scapia Stays Hotel, homestay, bed & breakfast, farmhouse and alternate accommodation booking across 5 lakh+ properties worldwide, redeemable with Scapia Coins.
• Scapia Trains Indian Railways train ticket booking integrated through IRCTC within the Scapia app, with Scapia acting as a facilitator and bookings subject to Indian Railways' terms.
• Scapia Buses Intercity bus ticket booking across 1,000+ operators, with 400+ new routes added in 2026. Positioned for remote escapes and impulse travel.
• Scapia FlexiFly Add-on facility offering free cancellation on domestic flights booked through Scapia, available for flights departing within 90 days of booking with at least 26 hours' notice. The Scapia FlexiFly fee is non-refundable.
• Scapia Visa Services End-to-end visa application services for 45 countries, fully integrated into the Scapia platform with rewards eligible on processing.
• Scapia Airport Privileges Airport privileges programme converting traditional lounge access into dining, retail, duty-free and spa benefits at 100+ domestic and international terminals, with up to ₹1,000 back in rewards on domestic usage and up to ₹2,000 internationally.
• Scapia Experiences AI-powered platform to discover and book 22,000+ curated global experiences (tours, activities, attractions and tickets), powered by integrations with Headout and GetYourGuide. Targeted at Gen Z and millennial travellers.
• Scapia Trips Curated group travel format for Gen Z and young millennials offering predictable costs and simplified planning for international journeys, with travel expert support for personalised itineraries.
• Scapia Store India's first travel-focused online shopping platform curated for travellers, offering backpacks, rain jackets, power banks and other trip-ready gear. Operated and managed by Revolutionary Kommerce Private Limited (RKPL).
• Scapia Coins Rewards Engine Scapia's redemption currency: 5 Scapia Coins = ₹1, redeemable with no cap across flights, trains, buses, stays, experiences and visa services. Earned on card transactions, UPI spends via Scapia RuPay credit cards, and through merchant offers. Coin Redemption Fees may be levied at Scapia's discretion.

Quantifiable outcome

• 5–6x YoY growth in flight bookings; 8x YoY growth in stays bookings
• +5 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

AI capability12 records

Feature8 records

Partnerships

16 partnerships are on record, tiered minor, flagship and core.

• ITC Narmada (Ahmedabad)minorGTM or Marketing Partner · 3 April 2025Hospitality partner for the Gujarat Titans 'Day with the Titans' experience; Scapia cardholders stay at ITC Narmada alongside the Gujarat Titans squad for an exclusive matchday and behind-the-scenes experience.
• Federal BankflagshipStrategic or Co-development PartnerCo-branding partner that issues and manages the Scapia Federal Credit Card (Visa + RuPay); co-developed the first-in-India dual-network credit card with Scapia and supports card servicing, billing, KYC and grievance redressal. Joint launches include the Scapia Federal Add-On Credit Card and the RuPay variant blending UPI, credit and travel rewards.
• BOBCARD (Bank of Baroda Financial Solutions)flagshipStrategic or Co-development PartnerCo-branding partner issuing the Scapia BOBCARD Credit Card (RuPay); supports dual-network strategy alongside Federal Bank and provides cardholder servicing through BOBCARD's customer care and grievance channels.
• National Payments Corporation of India (NPCI)flagshipStrategic or Co-development PartnerScapia is a NPCI-authorised Third-Party Application Provider (TPAP) facilitating UPI payments (including Credit on UPI) through partner PSP banks. Scapia adheres to NPCI's TPAP guidelines on data localisation, audit, security and grievance redressal.
• Gujarat Titans (IPL franchise)coreGTM or Marketing PartnerOfficial partner for the 2026 IPL season; co-created fan-engagement assets including 'Day with the Titans' (stay at ITC Narmada with team), 'Scapia Titans Entourage' hospitality suite and the 'Scapia Supershot' gamified fan experience under the 'The Game is Yours' campaign.
• Royal Challengers Bengaluru (IPL franchise)coreGTM or Marketing PartnerSecond consecutive year as official partner; co-created 'Scapia Royal Entourage' matchday bus and hospitality experience plus 'Scapia Supershot' gamified fan activity. CEO Anil Goteti quoted; Rajesh V Menon (CEO, RCB) also quoted.
• Madhya Pradesh Ecotourism BoardminorStrategic or Co-development PartnerCo-development partner for the first chapter of the Leap Year Initiative at Satpura Tiger Reserve, promoting ecotourism through a 12-month global travel journey.
• Headout Inc.coreTechnology or IntegrationThird-party service provider powering 'Scapia Experiences' discovery and booking platform; supplies inventory of tours, activities, attractions and tickets globally. Scapia is the intermediary.
• GetYourGuide Deutschland GmbHcoreTechnology or IntegrationThird-party service provider powering 'Scapia Experiences' (alongside Headout); supplies global tours, activities and tickets inventory. Scapia acts as the intermediary.
• Revolutionary Kommerce Private Limited (RKPL)coreOEM/ Whitelabel/ Licensing PartnerOperator and manager of the Scapia Store, India's first travel-focused shopping platform integrated into the Scapia app. RKPL owns, operates and manages the Online Store; Scapia provides backend and integration services only, with all contracts and liability sitting between user and RKPL.
• Indian Railway Catering and Tourism Corporation (IRCTC)coreTechnology or IntegrationTrain Booking Operator partner enabling Scapia's train ticket search and booking services. All bookings remain subject to Indian Railways' terms; Scapia is only a facilitator.
• PSP Banks (UPI partner banks)coreStrategic or Co-development PartnerScapia is a TPAP enabled through partner sponsor payment service provider (PSP) banks to deliver UPI payment services. PSP banks handle authentication, on-boarding, settlement, and customer-linked bank accounts, while Scapia provides the front-end TPAP app experience.
• Leela Kishore Pinniboyana (whitehat researcher)minorOthersAcknowledged whitehat security researcher under Scapia's Responsible Disclosure Policy, contributing responsibly-disclosed vulnerabilities to the platform.
• Trilok Dhaked (whitehat researcher)minorOthersAcknowledged whitehat security researcher under Scapia's Responsible Disclosure Policy.
• Vaibhav Garg (whitehat researcher)minorOthersAcknowledged whitehat security researcher under Scapia's Responsible Disclosure Policy.
• Annapurna Maddi & Tanuka Agarwal (Leap Year winners)minorOthersNamed winners of Scapia's 'Leap Year' initiative — a 12-month global travel journey — featured on the press release page.

Scale indicators11 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• MakeMyTrip: India's largest online travel aggregator offering flights, hotels, trains, buses, and holiday packages. Competes with Scapia on the travel marketplace and discovery layer, but lacks Scapia's co-branded credit card and dual-network (Visa + RuPay) proposition.
• Yatra: Listed Indian online travel company offering flights, hotels, trains, buses, holidays, and corporate travel. Competes with Scapia on the travel marketplace across both consumer and corporate segments, with a deeper corporate travel business.
• Booking.com: Global travel aggregator with deep hotel, flight, and experience inventory. Competes with Scapia on international travel inventory and discovery, especially for Indian outbound travellers, but lacks a co-branded credit card and UPI integration.

Direct peers

• Cleartrip: Flipkart-owned online travel aggregator offering flights, hotels, trains, and activities in India. Closely comparable to Scapia's travel marketplace offering, and notable given founder Anil Goteti's Flipkart background. Lacks a co-branded credit card and UPI layer.
• ixigo: AI-first Indian OTA with flights, trains, buses, and hotels, plus an aggressive tier-2/tier-3 push. Closely comparable to Scapia on the AI-driven travel discovery angle and on the Tier-2/Tier-3 customer focus, and competes for the same Gen Z / millennial traveller wallet.
• CRED: Premium Indian credit-card-bill payment and rewards platform serving affluent cardholders, with adjacent forays into e-commerce, travel, and UPI. Direct peer to Scapia on the credit-card-as-onramp and rewards-for-everyday-spend playbook, and competes for the same premium cardholder wallet.
• OneCard: Mobile-first metal credit card in India issued in partnership with Federal Bank and others, with cashback and rewards on spends. Direct peer on co-branded metal/mobile-first credit cards, with a similar bank-partner model and Gen Z / millennial target audience.
• Uni Cards: Indian credit card fintech targeting students and young professionals with 1-click credit on UPI and rewards on everyday spend. Direct peer on credit-on-UPI, Gen Z targeting, and zero-fee positioning.
• Slice (formerly PostPe): Indian consumer fintech offering credit cards, UPI, and BNPL products targeting young professionals. Direct peer on the credit card + UPI stack and on Tier-1 Gen Z / millennial customer acquisition.

Others

• Headout: Global marketplace for tours, activities, and experiences, and an inventory partner powering Scapia Experiences. Adjacent rather than direct — it sits inside Scapia's product rather than competing head-on, but is a benchmark for the experiences discovery category.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/getscapia
• Facebookfacebook.com/getscapianow
• LinkedInlinkedin.com/company/scapia

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds4 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Scapia