Scapia raises $63 million to expand AI features and grow users
NewsBytes | May 21, 2026 3:40 PM CST
Scapia to hire engineers, data scientists
The new funds will help Scapia hire more engineers and data scientists, roll out visual AI tools, and explore products like temporary travel loans.
After seeing eightfold growth last year (thanks mainly to a huge jump in hotel bookings), they're eyeing even bigger things, especially with India's Gen Z, who are expected to grow from $32 billion in FY24 to $102 billion by 2030.
Founder Anil Goteti says there's "There's a large opportunity to scale the business into a larger customer base."
READ NEXT
-
Michael Carrick responds after reports that Jose Mourinho wants to sign Diogo Dalot for Real Madrid
-
Erling Haaland Urges Manchester City to Channel Frustration After Missing Out on Premier League Title
-
Hall of Fame: Michel Platini – The King Who Brought Glory to Juventus and France
-
The real challenge begins for Michael Carrick: Six key tasks awaiting the new permanent Manchester United manager at Old Trafford
-
Chelsea Must Snap Out of Their Slump as Revived Man Utd Threaten to Leave Blues Behind if Liam Rosenior Fails to Halt Their Decline
