General Catalyst just led a $63M bet on India’s travel payments market

General Catalyst just led a M bet on India’s travel payments market

Scapia, an Indian startup that combines travel booking with co-branded credit cards and mobile payments, has raised $63 million in a funding round led by General Catalyst, with existing investors Peak XV Partners and Z47 also participating. The deal comes despite a broader slowdown in fintech dealmaking. The all-equity round values assigns the startup a … Read more