About LEAP India
LEAP India is a company based in Mumbai (India) founded in 2013 by Sunu Mathew was acquired by KKR in August 2023. It operates as a Product-as-a-Service, and Circular Economy. LEAP India has raised $214.47 million across 11 funding rounds from investors including Transport Corporation of India, Morgan Stanley and KKR. The company has 246 employees as of March 31, 2024. LEAP India has completed 1 acquisition, including Skan Marine Services. LEAP India offers products and services including Asset Pooling, Pallets, and Returnable Packaging.
- Headquarter Mumbai, India
- Employees 246 as on 31 Mar, 2024
- Founders Sunu Mathew
- Stage Unicorn
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Leap India Limited
- Date of Incorporation 03 Jul, 2013
- Jurisdiction Goregaon East, Maharashtra, India
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Annual Revenue
$30.93 M (USD)20.75as on Mar 31, 2023
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Net Profit
$1.08 M (USD)-65.87as on Mar 31, 2023
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EBITDA
$14.61 M (USD)7.6as on Mar 31, 2023
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Total Equity Funding
$214.47 M (USD)
in 11 rounds
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Latest Funding Round
$100.05 M (USD), Series E
Dec 20, 2024
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Investors
Transport Corporation of India
& 44 more
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Employee Count
246
as on Mar 31, 2024
- Investments & Acquisitions
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Acquired by
KKR
(Aug 02, 2023)
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Products & Services of LEAP India
LEAP India offers a comprehensive portfolio of products and services, including Asset Pooling, Pallets, and Returnable Packaging. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Asset pooling solutions are provided for supply chain efficiency.
Pallets are rented for supply chain transportation needs.
Returnable packaging solutions are offered for sustainable logistics.
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Funding Insights of LEAP India
LEAP India has successfully raised a total of $214.47M across 11 strategic funding rounds. The most recent funding activity was a Series E round of $100.05 million completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Series E — $100.0M
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First Round
First Round
(12 Dec 2014)
- Investors Count 45
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Series E - LEAP India | Valuation | KKR , Niveshaay | |
| Sep, 2023 | Amount | Series D - LEAP India | Valuation | Kia EBT , KKR |
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| Jan, 2021 | Amount | Series D - LEAP India | Valuation | Morgan Stanley |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in LEAP India
LEAP India has secured backing from 45 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Transport Corporation of India, Morgan Stanley and KKR. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location | |
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Private equity investments are directed toward multiple sectors by FirstBridgeFund.
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Founded Year | Domain | Location | |
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Investment in growth equity and insurtech sectors in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by LEAP India
LEAP India has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Skan Marine Services. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Material handling equipment is manufactured for rental and sales services.
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1983 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - LEAP India
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Leap India Comparisons
Competitors of LEAP India
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Leap India
Frequently Asked Questions about LEAP India
When was LEAP India founded?
LEAP India was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is LEAP India located?
LEAP India is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is LEAP India a funded company?
LEAP India is a funded company, having raised a total of $214.47M across 11 funding rounds to date. The company's 1st funding round was a Series D of $25M, raised on Dec 12, 2014.
How many employees does LEAP India have?
As of Mar 31, 2024, the latest employee count at LEAP India is 246.
What is the annual revenue of LEAP India?
Annual revenue of LEAP India is $30.93M as on Mar 31, 2023.
What does LEAP India do?
LEAP India is involved in providing innovative supply chain solutions through asset pooling and circular economy models. Services are offered across transportation, storage management, distribution, and warehousing sectors in India. Comprehensive solutions including equipment pooling, returnable packaging, and asset management are delivered to over 900 customers. Operations are supported by a network of 30 warehouses and over 7000 touchpoints nationwide. Commitment to sustainability and operational excellence is demonstrated through ISO 27001 certification and awards for sustainable business practices.
What products or services does LEAP India offer?
LEAP India offers Asset Pooling, Pallets, and Returnable Packaging.
How many acquisitions has LEAP India made?
LEAP India has made 1 acquisition, including Skan Marine Services.
Who are LEAP India's investors?
LEAP India has 45 investors. Key investors include Transport Corporation of India, Morgan Stanley, KKR, IndiaNivesh, and TVS Capital Funds.
What is LEAP India's valuation?
The valuation of LEAP India is $2B as of Dec 2024.