Archive · 20 Jul 2026
Scapia Announces ₹20 Crore ESOP Buyback
Scapia, a travel fintech company, has announced a ₹20 crore ESOP buyback program.
This means employees can sell up to 10% of their stock options for cash.
The company's CEO, Anil Goteti, said this is to thank the team for their hard work.
Scapia offers travel services and co-branded credit cards with banks.
They have grown a lot since starting in 2022, with more travel options and cards used in many countries.
Big investors like General Catalyst and Elevation Capital have supported them with $63 million.
The buyback is good for employees but might take money away from other company projects.
Scapia announced a ₹20 crore ESOP buyback program for employees.
Eligible employees can liquidate up to 10% of their vested options.
Scapia offers co-branded credit cards and a full-stack travel platform.
The company has expanded into 8+ travel categories and seen significant growth in bookings.
Scapia is backed by investors including General Catalyst, Peak XV, and Elevation Capital.
- Who
- Scapia, a travel fintech platform
- What
- Announced an ESOP buyback program worth ₹20 crore
- When
- July 20, 2026
- Where
- India
- Why
- To provide liquidity to employees and recognize their contributions
Employee Benefits
Company Growth
Employee Compensation
Employee Benefits
The ESOP buyback provides liquidity to employees, recognizing their contributions.
Company Growth
The buyback may divert funds from other growth initiatives.
- Company
- Scapia
- ESOP Buyback Amount
- ₹20 crore
- Eligible Liquidation
- Up to 10% of vested options
- Founded
- January 2022
- Investors
- General Catalyst, Peak XV, Elevation Capital
- Total Funding
- USD 63 million
- Travel Categories
- 8+ categories including flights, stays, visas, experiences, trains, buses, trips, stores
- Card Spending
- Recorded across 113 currencies in 174 countries