Journey-focused fintech startup Scapia has introduced an worker inventory possession plan (ESOP) buyback price Rs 20 crore, permitting eligible workers to promote as much as 10% of their vested choices.
The Bengaluru-based startup has not disclosed what number of employees can take part, the worth at which the choices shall be repurchased, whether or not former staff are eligible or when the programme shall be accomplished.
The buyback follows a $63 million funding spherical introduced in Could 2026, led by Common Catalyst and supported by present traders Peak XV Companions and Z47. Scapia beforehand raised $40 million in a Series B round in April 2025. Its 4 disclosed funding rounds whole $135 million.
Scapia founder and CEO Anil Goteti mentioned “Our focus stays unchanged: constructing merchandise that assist our customers journey and lead richer lives.”
The startup mentioned the funding shall be used to broaden its product vary, strengthen its model and develop its use of AI.
Based in 2022 by the previous Flipkart senior government, Scapia combines travel-booking companies with co-branded bank cards supplied in partnership with Federal Financial institution and BOBCARD. Clients can earn Scapia Cash from eligible card spending and redeem them for companies together with flights, lodges, trains, buses, visas and journey experiences.
Based on Scapia, flight bookings on its platform grew 5 to 6 occasions year-on-year, whereas lodging bookings elevated eightfold.
Its co-branded bank cards serve clients throughout greater than 17,500 pincodes in India.
Based on the reviews, Scapia’s working income rose by 71% to Rs 28.7 crore within the monetary 12 months ending March 2025, from Rs 16.8 crore a 12 months earlier, whereas its web loss narrowed to about Rs 83 crore from Rs 88 crore throughout the identical interval.