What LEAP India does

LEAP India Limited is a tech-enabled supply chain solutions company specializing in reusable pallet and container pooling services for India's FMCG, beverage, paints, consumer goods, 3PL, modern trade, and e-commerce sectors. Founded in 2013 and headquartered in Mumbai, the company operates a "Movement Hire Model" that replaces customer-owned packaging assets with on-demand access to a national pool of high-quality reusable pallets, containers, crates, and bins. Its technology stack includes Electronic Data Interchange (EDI) integration, proprietary asset tracking and management systems, inventory management, and collaborative transportation services, with the wholly-owned subsidiary TARON providing material handling equipment (forklift renting and related services).

The company generates revenue primarily through rental and pooling fees on a usage-based/pay-as-you-go model, supplemented by ancillary services such as asset management, repair and maintenance, forklift rental, collaborative transportation, and inventory management. LEAP operates 30 warehouses/fulfillment centers and 7 outsourced pallet manufacturing units, employs 3,250+ people, and serves 900+ enterprise customers supporting 7,000+ consumer touchpoints. Marquee customers include Hindustan Coca-Cola Beverages, PepsiCo, Asian Paints, Procter & Gamble, Amazon India, Flipkart, JioMart, Reliance Retail, Walmart, D'Mart, DHL, DB Schenker, DP World, Agility, and Kansai Nerolac.

In January 2025, LEAP acquired CHEP India Private Limited, significantly expanding its pooling network. The company was acquired by KKR around 2023, converted to a public company structure in July 2025, and received SEBI approval in December 2025 for an INR 2,400 crore IPO comprising a fresh issue and an offer-for-sale component. LEAP distributes services through a direct enterprise sales motion ("Call Our Expert" and "Enquire Now"), targeting supply chain decision-makers at large manufacturers, 3PLs, and modern trade/e-commerce operators across India.

Name

LEAP India

Legal name

LEAP India

Website

https://www.leapindia.net

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

101–250 employees

Short description

LEAP India is a tech-enabled asset pooling company providing reusable pallets, containers, and supply chain services to India's FMCG, beverage, 3PL, and e-commerce sectors through a usage-based rental model serving 900+ enterprise customers.

Ownership category

akta.pro rank

Product category

Supply Chain & Logistics Asset Pooling Services

NAICS

Material Handling Equipment Manufacturing (33392)

SIC

Services-Miscellaneous Equipment Rental & Leasing (7350), Misc Industrial & Commercial Machinery & Equipment (3590)

akta.pro primary industry

Pallet Tracking & Pool Management (Wood/Plastic/CHEP-style) (TLAEAMAB)

Keywords

• Pallet pooling services
• Reusable packaging supply chain
• Asset pooling solutions
• Warehouse logistics services
• Circular economy packaging

Headquarters

HQ city

Kandivli

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Pallet and Container Rental / Pooling: LEAP India's core revenue stream comes from rental and pooling fees charged to customers for access to reusable pallets and containers. The 'Movement Hire Model' replaces ownership with on-demand access, generating recurring usage-based revenue as customers hire assets for their supply chain operations. This is a recurring revenue model tied to logistics volume and asset utilization cycles.
2. Ancillary Services (Asset Management, Repair & Maintenance, Inventory Management): LEAP India generates additional revenue from complementary services including forklift renting, repair and maintenance of pooled assets, collaborative transportation, and inventory management. These services support the core pooling model and provide upsell and cross-sell opportunities within the existing customer base.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

LEAP India is a tech-enabled asset pooling services company that provides reusable pallets, containers, and crates through a rental/pooling model to enterprises across India. Its core 'Movement Hire Model' replaces asset ownership with on-demand access to high-quality reusable packaging assets, supported by ancillary services including forklift renting, EDI integration, asset management, collaborative transportation, repair and maintenance, and inventory management. The company operates a national pooled network of 30 warehouses/fulfillment centers and 7 outsourced pallet manufacturing units serving 900+ enterprise customers across FMCG, beverages, paints, retail, e-commerce, and 3PL sectors.

Product overview

LEAP is a tech-enabled asset pooling services company offering a comprehensive suite of reusable packaging solutions for supply chain optimization. The core product portfolio consists of Pallets, Containers, and Other Products (crates, bins), which are offered through a rental/pooling model rather than outright ownership. Supporting services include Forklift Renting, EDI (Electronic Data Interchange), Asset Management, Collaborative Transportation, Repair & Maintenance, and Inventory Management. The company operates through its subsidiary TARON for material handling equipment. LEAP's model replaces asset ownership with on-demand access, enabling clients to reduce waste, improve asset utilization, and cut logistics costs.

Differentiator

Problem solved

Functional benefit

Brands

• TARON: Material handling equipment (MHE) subsidiary offering forklift renting and related services.

Products and services

• Pallets

Quantifiable outcome

• Replaces single-use packaging with reusable pooled assets, significantly reducing logistics waste and environmental impact
• +2 more outcomes

Named customers16 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• CHEP India Private LimitedcoreStrategic or Co-development Partner · 1 January 2025LEAP India acquired CHEP India Private Limited, a company specializing in pallet and container pooling, as part of its strategic expansion in sustainable supply chain solutions. The acquisition integrates CHEP India's network and expertise into LEAP India's existing infrastructure, significantly expanding LEAP's pooled asset network and customer base across multiple industries in India. This acquisition is a core strategic move to consolidate LEAP India's market position in India's asset pooling sector.

Scale indicators5 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Brambles Limited: Brambles is the global parent of CHEP, the world's largest pallet and container pooling company operating in 60+ countries. It is the definitive comparable to LEAP India—same reusable pooled-asset model, same target customers (FMCG, retail, 3PL), and same circular-economy value proposition. Notably, LEAP acquired CHEP India in January 2025, making the India sub the most direct head-to-head overlap historically.
• PECO Pallet: PECO is one of the largest pallet pooling companies in North America, providing standardized wood pallet rental to grocers, food/beverage manufacturers, and consumer goods companies. Highly comparable to LEAP's FMCG-focused pooling model, with similar recurring rental revenue economics and enterprise customer base.
• Tosca (Tosca Services): Tosca is a US/Europe-based reusable packaging and pallet pooling provider, offering pooled pallets, RPCs, and plastic containers to grocery, foodservice, and consumer goods supply chains. Directly comparable on business model (pooling/rental of reusable transport packaging), customer segments, and the focus on reducing single-use packaging waste.
• iGPS Logistics: iGPS operates one of the largest plastic pallet rental pools in North America, with embedded RFID tracking technology. Directly comparable to LEAP's tech-enabled pooling approach, serving FMCG and retail customers with reusable, trackable pooled assets—a strong parallel for LEAP's EDI and Asset Management capabilities.
• Contraload NV: Contraload is a leading European pallet pooling company, operating standardized pallet rental networks across multiple countries for FMCG and industrial customers. Comparable business model (asset pooling/rental), comparable customer verticals, and similar role as a regional pooling consolidator—only in Europe rather than India.
• Euro Pool Group: Euro Pool Group is a major European reusable packaging pooler specializing in pallets and returnable trays for the fresh produce and FMCG supply chains. Directly comparable as a multi-country pooling operator with a focus on circular economy and reusable transport packaging—similar scale ambitions and enterprise customer model to LEAP.

Regional players

• Loscam: Loscam is a Brambles subsidiary operating returnable packaging pooling across multiple Asia-Pacific markets (China, Southeast Asia, Australia). Highly comparable on business model and asset pooling approach, but geographically focused on APAC rather than India—relevant as a regional expansion template for LEAP.

Broad incumbents

• DHL Supply Chain: DHL Supply Chain is one of the world's largest contract logistics providers, operating warehousing and distribution for FMCG, retail, and e-commerce customers. A current LEAP customer (DHL India uses LEAP pooling). Relevant as a broad incumbent that could vertically integrate pooling or partner exclusively with LEAP or competitors.
• XPO Logistics: XPO is a major North American and European provider of supply chain and logistics services, including warehousing and packaging solutions for large enterprise customers. Comparable as a broad incumbent in supply chain services serving FMCG and retail, with potential overlap in reusable packaging and pooling strategies.

Emerging players

• Shiprocket: Shiprocket is a leading Indian logistics technology platform serving e-commerce shippers, also preparing for an IPO. Not a direct pooling competitor, but a relevant Indian logistics peer scaling supply chain infrastructure for modern trade—comparable market, capital, and growth-stage dynamics as LEAP.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/leap_india
• Facebookfacebook.com/LEAP-INDIA
• LinkedInlinkedin.com/company/leap-india-pvt--ltd-

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds8 records

Investors12 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LEAP India