Supply chain solutions company with expertise in providing wooden pallets, Leap India, is likely to raise Rs 100 crore before August end to enhance its capacity and expand its geographical footprint. According to a recently published report in a financial daily, the company is presently supplying about one million pallets and 20,000 containers to over 200 FMCG companies and is now keen to significantly scale up its operations.
“With the country’s largest ever tax reform of GST kicking in, warehouses sizes are set to get larger. Improving efficiency in the supply chain and scaling up these large warehouses would be difficult without the usage of pallets. By leasing pallets to customers, LEAP is ensuring faster proliferation of pallets across India’s warehouses,” Sunu Mathew, Managing Director, Leap India has been quoted as saying.