Leap India

STPI starts inviting applications for LEAP programme to fund 75 startups

State-owned STPI has started inviting applications from startups under its Leap programme to fund entrepreneurs in collaboration with venture capitalists and other private investors, a senior official of the organisation said on Monday. Software Technology Parks of India (STPI) will select 75 startups under the programme this year and facilitate funding of up to Rs 1 crore in each startup in collaboration with venture capital firms and angel investors. "We have already invested Rs 25 lakh through NGIS. We have already made investment in about 100 startups from the total fund that we have. Through Leap we are looking to nurture the next 100 startups," STPI Director General Arvind Kumar said. He said that the Leap (Launchpad for Tech Entrepreneurs towards Accelerated growth and Pioneering Ahead) will be organised at places closer to startups in cities like Bhubaneswar, Chandigarh, Vijayawada with an idea that they should not be required to leave their city for growing their ...

KKR to acquire majority stake in pallet pooling platform Leap India

Leap India is at the forefront of the pallet pooling industry in India. The company provides a broad range of innovative and high-quality supply chain solutions

IFC plans to fund LEAP India's expansion with $21-million investment

LEAP India is a leading provider of supply chain pooling solutions for wooden pallets and foldable large containers (FLCs) to a variety of industries

Supply chain solutions firm Leap India eyes Rs 5-6 bn in Series-C funding

A senior management official of the company said that it will hit a revenue of around Rs 2 bn this financial year

Pallets manufacturer Leap India eyes seven-fold bump in topline in 3 years

Wooden pallets manufacturer Leap India plans to increase its topline by over seven times in three years by trebling its production capacity to meet its rising demand from corporate customers like Amul, Coca Cola, Modelez, Nesle and Flipkart to name a few.The city-based supply chain solutions company Leap India plans to achieve revenue target of Rs 280 crore by 2020. Currently, the company with employment of over 200 skilled and unskilled workers, supplies about one million pallets made of wood imported from Russia with the help of equipment pooling and returnable packages. The company achieved its topline of Rs 37 crore during the financial year 2016-17 and doubling revenue every year in the last four years of its operations."Leap India recently raised Rs 110 crore from couple of private equity players like Mayfield, IndiaNivesh, Sixthsense and TCI Ventures. They had already raised Rs 50 crore and debt and is expected to close another Rs 100 crore. This investment will take company's .