Daily Indian Funding Roundup & Key News - 21 May 2026: Scapia Raises $63 Mn, Meta Fashion Bags $400K, Piper Serica Launches ₹800 Cr Deeptech Fund
Indian startups saw fresh capital flow into fintech and digital fashion on 21 May 2026, with two funding rounds anchoring the day. Travel-fintech Scapia led the tally with a $63 million raise backed by General Catalyst, while Meta Fashion picked up $400K in pre-seed funding led by Lumikai. On the