LEAP India, a supply chain management services provider has raised USD 13 million (approx Rs 88.7 crore) in series B funding from existing as well as new investors.
The company has so far, through a mix of equity and debt, raised close to USD 23 million (including current funding).
The company has said in a release that “The fresh infusion of equity would further strengthen the balance sheet of the company and give more room for leverage.”
The company has further said that it has been planning to invest the funds to strengthen its team and enhance technology to differentiate and deliver best in class services to its customers.