Fintech Startup Scapia Bags $23 Mn From Elevation Capital

Bengaluru-based travel fintech startup Scapia, floated by former Flipkart executive Anil Goteti, has secured $23 Mn as a part of its Series A funding exercise co-led by Elevation Capital and Binny Bansal’s 3STATE Ventures. The fresh proceeds will be deployed for marketing efforts aimed at expanding awareness of the product and increasing the customer base.