On August 2, as part of its Asia infrastructure strategy, global investment firm KKR & Co., announced the signing of definitive agreements to acquire a majority stake in pallet pooling platform LEAP India. The transaction is expected to be completed by Q3 2023,
Founded in 2013 by Sunu Mathew, Mumbai-based LEAP (Leading Enterprise in Asset Pooling) provides a wide range of supply chain solutions, including equipment pooling, returnable packaging, inventory management and movement, transportation, and repair and maintenance, to a diversified customer base across e-commerce, consumer durables, beverages, fast-moving consumer goods and automotive.
The investment builds on strong macroeconomic tailwinds in India that include a focus on modernizing, automating, and optimizing efficiencies in supply chains and logistics services. In addition, sustainable logistics is expected to play a critical role in driving India’s rapid economic growth over the next 25 years. ( EY: Envisioning the future of Indian logistics@2047, April 2023)
Ami Momaya, director, Infrastructure at KKR, said, “We are pleased to invest in LEAP, a standout leader in India’s pallet pooling industry that will play an important role in driving the country’s continued modernization and growth.”
Sunu Mathew, founder and managing director at LEAP India, said, “Going forward, we look to tap into KKR’s global expertise to accelerate our growth and deliver impactful solutions to our clients.”
Last updated: December 26th, 2025
