Tech
Peak XV-backed Scapia reports Rs 83 Cr loss on Rs 29 Cr revenue in FY25
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Travel fintech startup Scapia has raised $40 million in a Series B round led by Peak XV shortly after FY25, as investors doubled down on the company’s growth potential. The fundraiser follows over 70% year-on-year growth in scale. However, losses continue to remain a key challenge for the company.
Scapia’s operating revenue surged to Rs 29 crore in FY25 from Rs 17 crore in FY24, according to its financial statements sourced from the Registrar of Companies (RoC).
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Founded by Anil Goteti, Scapia operates as a fintech-travel platform, offering a…
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