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Pallet pooling company LEAP raises $34 Mn in secondary round

Shortpedia

Content Team
Image Credit: Inc42

Logistics tech startup Leading Enterprise in Advanced Pooling (LEAP), has raised $34 Mn in a secondary funding round led by Schroder Adveq and IIFL fund. Early investors Mayfield Fund, IndiaNivesh, and SixSense Ventures have announced a partial exit with this round. Mayfield will continue to hold a 10% stake in the company after the secondary sale. The company raised $25 Mn from Morgan Stanley in a primary round in January this year.