Scapia, an Indian startup that combines travel booking with co-branded credit cards and mobile payments, has secured $63 million in funding led by venture capital firm General Catalyst.

The investment doubles the company's valuation, though specific figures were not disclosed. Scapia operates in India's growing travel payments market, offering services that integrate booking platforms with financial products.

The startup's business model combines multiple services under one platform, allowing users to book travel while accessing credit card and mobile payment solutions. This approach targets the intersection of India's expanding travel industry and digital payments sector.

General Catalyst, a prominent venture capital firm with investments across technology sectors, led the funding round. The firm has been active in backing startups that combine traditional services with digital financial products.

The investment reflects continued investor interest in Indian fintech companies, particularly those serving specific market segments like travel. India's travel industry has been recovering following pandemic-related disruptions, while digital payments adoption has accelerated across the country.