Supply chain solutions firm Leap India eyes Rs 5-6 bn in Series-C funding

A senior management official of the company said that it will hit a revenue of around Rs 2 bn this financial year

Mumbai-based supply chain solutions firm Leap India is planning to raise around Rs 5-6 billion from its existing investors, including Mayfield, IndiaNivesh Growth Fund, and others.   

The fundraising will support organic and inorganic growth, said a senior management official. He added that the company will hit a revenue of around Rs 2 billion this financial year. 

"We are in the process of raising the third round of fundraising to the tune of around Rs 5-6 billion, including equity and debt, to support our growth. We are also ready to set up our operations outside the country once we receive the nod