Flat Profit To Create Dilemma For Investors?

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Banking on the Indian startup IPO frenzy, logistics tech provider Leap India has now set sail for D-Street. The 2013-founded company filed its Draft Red Herring Prospectus (DRHP) last week for an INR 2,400 Cr public listing.

Leap is primarily a pallet pooling player, enabling manufacturers to reduce their trucking and cargo costs by pooling their goods with other players. This ensures optimal capacity in the vehicles while also reducing the costs for manufacturers, who would otherwise have to pay the cost for the full load even for smaller…



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Flat Profit To Create Dilemma For Investors?


Banking on the Indian startup IPO frenzy, logistics tech provider Leap India has now set sail for D-Street. The 2013-founded company filed its Draft Red Herring Prospectus (DRHP) last week for an INR 2,400 Cr public listing.

Leap is primarily a pallet pooling player, enabling manufacturers to reduce their trucking and cargo costs by pooling their goods with other players. This ensures optimal capacity in the vehicles while also reducing the costs for manufacturers, who would otherwise have to pay the cost for the full load even for smaller…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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