Travel fintech platform Scapia has initiated a ₹20 crore employee stock option plan (ESOP) buyback programme, providing eligible staff with a rare opportunity to liquidate portions of their equity holdings.
The company announced that employees can sell up to 10% of their vested stock options through the scheme, a move designed to enhance liquidity and recognize workforce contributions amid the firm's growth trajectory.
The 10% cap on the sellable portion ensures that employees retain a significant stake in the company's future upside while accessing immediate capital.
The buyback serves as a critical liquidity event for employees of private technology companies, which often lack the public market exit routes available to listed peers.
By allowing the sale of vested options, Scapia addresses a common pain point for talent in the startup ecosystem, where paper wealth can remain illiquid for years.
The 10% cap on the sellable portion ensures that employees retain a significant stake in the company's future upside while accessing immediate capital.
This development aligns with a broader pattern in the Indian tech sector, where private firms are increasingly using structured buybacks to manage employee expectations and retain talent.