India, Dec. 15 -- Travel solutions-focussed fintech startup Scapia managed to trim its FY25 net loss by 6% to INR 83 Cr from INR 87.9 Cr loss incurred in the previous fiscal.

The bottom line improvement came on the back of a robust uptick in its revenue for the fiscal. Operating revenue zoomed 71% to INR 28.7 Cr from INR 16.8 Cr in FY24. Including other income of INR 11.6 Cr, the startup's total income for the period stood at INR 40.4 Cr.

Founded in 2022 by Anil Goteti, Scapia offers co-branded travel credit cards with Federal Bank as well as a travel booking platform for flights, hotels and transport.

The card offers zero foreign currency markup (zero forex) on international transactions. This eliminates the standard 2-3% fee typicall...