LEAP India To Raise INR 535 Cr In A Funding Round Led by KKR
KKR has committed INR 333 crore through its investment arm Vertical Holding. The company will issue 1.16 crore preference shares at INR 400 each. Sixth Sense Ventures has pledged INR 70 crore to support expansion plans. FirstBridge India will inject INR 60 crore into LEAP India’s operations. Moreover, Madhurima International has confirmed its participation with an INR 50 crore investment. The board has already allocated INR 202 crore worth of shares.
The funding aims to strengthen LEAP India’s position in supply chain solutions. This strategic investment marks KKR’s significant entry into India’s logistics technology sector. LEAP India will utilise these funds for enhancing their operational capabilities.
The company plans to revolutionise supply chain management across various industrial sectors. KKR’s expertise will help LEAP India develop innovative supply chain solutions. The investment demonstrates growing confidence in India’s supply chain technology segment.
Ownership Structure and Market Impact
KKR will emerge as the majority stakeholder with 78.64% ownership stake. Sixth Sense Ventures will maintain their strategic presence with 0.38% ownership. FirstBridge India and Madhurima International will hold 1.19% and 0.99% respectively. These investments will help LEAP India expand its market presence.
The company currently has over 500 clients from not only the manufacturing industries but also from other industries. LEAP India currently deals with over 100 warehouses situated in some regions of the country. They have taken various approaches to enhance the supply chain management of so many organizations.
The funding will help LEAP India scale to enhance its technological system. Currently, they have plans to implement sophisticated automation solutions in their warehousing systems. The company also plans to increase the warehousing facility over the next eighteen months by double.
LEAP India’s Growth Journey
Sunu Mathew launched LEAP India in 2013 for brighter supply solutions. The company has closed more than one hundred million dollar in total across several funding rounds.
LEAP India currently operates India’s largest returnable packaging and pooling business. They manage over 4 million assets across their extensive operational network. The company’s solutions have reduced supply chain costs for numerous clients.
Their client portfolio includes leading companies from automotive and FMCG sectors. LEAP India’s innovative solutions have earned recognition from industry experts globally. The company maintains partnerships with major logistics and supply chain operators.
Conclusion
LEAP India’s substantial funding round signals a transformative phase in supply chain technology. The strategic partnership with KKR will accelerate technological innovation significantly. Private equity investors have demonstrated strong faith in India’s supply chain. The company’s expansion plans will create substantial employment opportunities nationwide. LEAP India’s enhanced capabilities will benefit numerous industries through cost-effective solutions. Their innovative approach continues to reshape India’s supply chain landscape effectively. The investment strengthens India’s position as a global supply chain hub. LEAP India’s growth journey represents the evolving face of Indian logistics. With strong financial backing and strategic partnerships, LEAP India advances confidently. The company’s success story inspires innovation in India’s supply chain sector.
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