Travel fintech platform Scapia has launched a ₹20 crore ESOP buyback programme, allowing eligible employees to liquidate up to 10% of their vested stock options.
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Scapia, a travel fintech platform, announced its ESOP buyback programme worth ₹20 crore today, offering liquidity to its employees. Eligible participants can liquidate up to 10% of their vested options.Anil Goteti, Founder & CEO of Scapia, said, “When we started Scapia, we set out to create something new - a category that didn’t really exist for a generation of travellers who think and spend differently. Building something new takes passion and conviction, and we’ve been fortunate to have an incredible team. This buyback is one way of recognising their contribution, and I hope it’s the first of many such moments.”Founded in January 2022, Scapia has built co-branded credit cards with Federal Bank and BOBCARD, designed around a rewards ecosystem, paired with a full-stack travel platform under one roof, where every spend earns Scapia Coins. Starting out with flights and stays alone, Scapia’s travel platform has expanded into 8+ travel categories, including visas, experiences, trains, buses, trips, stores, and more.Since launch, Scapia has seen flight bookings grow 5-6x and stays nearly 8x year-on-year, with card spends recorded across 113 currencies in 174 countries, and has built one of India’s only dual-network (Visa + RuPay/UPI) cards. Backed by marquee investors including General Catalyst, Peak XV, Elevation Capital, and more, Scapia has raised USD 63 million recently, and continues to focus on building more for travellers, investing in AI to make travel planning and spending simpler and more personal, and deepening its role in India’s travel fintech space.Published on July 20, 2026
