Morgan Stanley India invests ₹180cr in LEAP - The Hindu BusinessLine
Morgan Stanley India invests ₹180cr in LEAP January 21, 2021 Morgan Stanley India Infrastructure has made an investment of ₹180 crore to acquire a stake in Leading Enterprise in Advanced Pooling (LEAP). Founded by Sunu Mathew in 2013, LEAP is a pallet pooling company with an asset pool of approximately 4 million units including pallets, foldable large containers, crates and utility boxes. LEAP primarily caters to fast moving consumer goods (FMCG), consumer durables, beverages, e-commerce, retail, auto and auto-component manufacturing sectors. The timber pallets and plastic utility boxes...
Source: thehindubusinessline.com