LEAP In­dia re­ceives fund­ing of upto INR 200 crore

Progressive Grocer (India) - - Market Update -

LEAP In­dia, a lead­ing en­ter­prise in ad­vanced pool­ing, has raised INR 200 crore in fund­ing from Pi­ra­mal Cap­i­tal & Hous­ing Fi­nance (PCHF). PCHF has ex­tended a credit line to LEAP In­dia to meet the com­pany’s growth re­quire­ment over the next 2-3 years. The en­ter­prise was founded in 2013 with an aim of pro­vid­ing so­lu­tions to busi­nesses with the help of equip­ment pool­ing and re­turn­able pack­ages. LEAP In­dia cur­rently sup­plies 1.7 mil­lion pal­lets made of wood im­ported from Rus­sia and Ukraine, and 40K FLCS (Fold­able Large Con­tain­ers) to over 370 FMCG, bev­er­age, auto and pharma com­pa­nies on a daily rental ba­sis.

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