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LEAP India

Office No. 302, Ruby Crescent Business Boulevard, Ashok Nagar, Kandivali, Mumbai, Maharashtra, 400101, India

Overview

Incorporated in 2013, Leap India operates a circular "share and reuse" asset-pooling business that allows customers to rent pallets, crates and other logistics assets rather than own them. As of March 31, 2026, the company managed 14.7 million pooled assets and served more than 1,000 customers via over 10,100 customer touchpoints across India. Its customer base spans FMCG, food and beverages, third-party logistics, e-commerce, quick commerce, automotive and industrials. Leap India has shown strong financial growth: total income rose to ₹747.36 crore in FY26 from ₹371.94 crore in FY24, and revenue from operations increased to ₹729.53 crore from ₹364.97 crore over the same period. EBITDA climbed to ₹378.83 crore with an EBITDA margin of 50.69%, and net profit increased to ₹62.34 crore in FY26. The company has launched a ₹2,480-crore IPO (₹480 crore fresh issue and ₹2,000 crore OFS) and intends to use part of the fresh proceeds to repay borrowings with the remainder for general corporate purposes.

Total raised
$52M
Funding rounds
3
Latest round
Equity
Latest activity
Aug 2026

Industries

  • Management Consulting
  • Supply Chain Management
  • Transportation
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Recent funding

  1. Equity

    Aug 2026

    $39M

  2. Series B

    Jan 2017

    $13M

Team

  • Sunu Mathew

    Founder, Chairman, Managing Director and Chief Executive Officer

    LinkedIn
  • Abhishek Jaiswal

    Business Head - Pooling

    LinkedIn
  • Manmohan Pillai

    Marketing Manager

  • Pratik Rajapurkar

    Senior Executive

    LinkedIn