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LEAP India aims to raise Rs 100 crore through debt for expanding wooden pallet capacity and increase its footprints.
LEAP India Managing Director Sunu Mathew has said that “We have raised around Rs 110 crore last year through Series B funding from existing as well as new investors. We are now looking at raising around Rs 100 crore through bank loans to meet our capital expenditure plans.”
He added that “We are aiming to garner a significant market share in the asset pooling space which otherwise has been a highly fragmented and unorganised market.”
