Travel fintech startup Scapia announces Rs 20 Cr ESOP buyback

Scapia announced an ESOP buyback worth Rs 20 crore, allowing eligible employees to sell up to 10% of vested stock options.

The buyback follows Scapia's $63 million Series C round led by General Catalyst, with participation from Peak XV Partners and Z47.

Scapia operates co-branded credit cards with Federal Bank and BOBCARD and a travel platform offering flights, hotels, visas, trains, buses, and experiences.

Scapia's operating revenue rose 71% to Rs 29 crore in FY25, while net loss narrowed to Rs 83 crore from Rs 88 crore in FY24.

Scapia joins nine other startups that have collectively bought back ESOPs worth over $270 million in 2026.