India's Travel Payments Market Takes Off: What This Means for Fintech's Future General Catalyst has led a $63 million investment in Indian startup Scapia, valuing the company at over $500 million.
The funding round underscores the growth potential of India's fintech industry and highlights the appeal of travel focused payments to major investors.
The involvement of General Catalyst suggests confidence in India's travel payments market, despite a global slowdown in fintech dealmaking.