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Travel fintech co. Scapia announces Rs.20-Cr ESOP buyback
Source Scapia (opens in a new tab)Entrackr (opens in a new tab)
Bengaluru-based travel fintech company Scapia has announced an employee stock ownership plan (ESOP) buyback worth INR 20-Cr. Under this program, eligible employees are permitted to sell up to 10% of their vested stock options.Founded in 2022 by Anil Goteti, Scapia provides a platform for travel services, including flights, hotels, visas, and bus bookings.
Company website ↗ (opens in a new tab)
From the Venture Intelligence Deals Database Between Jun 2022 and May 2026, Scapia had attracted about $ 136 M from General Catalyst Partners, Tanglin Venture Partners, Three State Ventures, Z47, Elevation Capital, Peak XV Partners and others.For FY25, Scapia had reported about INR 29 Cr in Operating Income and about INR 83 Cr in Net Loss.