Archive · 30 Nov 2025
Anil Goteti Launches Scapia for Travel Rewards
Anil Goteti, who used to work at Flipkart, started a new company called Scapia.
Scapia is a travel-and-credit platform that gives people rewards for traveling.
These rewards can be used for flights, hotels, and other travel experiences.
Anil got the idea for Scapia while on a family vacation.
He and his team worked hard to make sure the rewards system was easy to use.
Scapia has a credit card that works with Federal Bank.
The company has raised money from investors and is growing quickly.
Even though they had some problems at first, they used that time to make their product better.
Anil is very excited about Scapia and plans to keep growing the company.
Anil Goteti founded Scapia, a travel-and-credit platform, after a decade at Flipkart.
Scapia offers a co-branded credit card with Federal Bank, rewarding users with travel coins for flights, hotels, and experiences.
The company launched in June 2023 after a year of research and product development.
Scapia raised a seed round from Z47 and Binny Bansal, followed by a $23 million Series A led by Elevation Capital and Bansal.
In its first year of operations (FY24), Scapia posted revenue of ₹24 crore and a loss of ₹88 crore.
- Who
- Anil Goteti, founder of Scapia
- What
- Launch of Scapia, a travel-and-credit platform with a co-branded credit card
- When
- Company launched in June 2023, with plans to onboard multiple new banks soon
- Where
- India
- Why
- To reward people for travel and encourage more travel through a seamless rewards system
- Founder
- Anil Goteti
- Company
- Scapia
- Launch Date
- June 2023
- Initial Funding
- Bootstrapped with personal capital
- Seed Round Investors
- Z47 and Binny Bansal
- Revenue (FY24)
- ₹24 crore
- Loss (FY24)
- ₹88 crore