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BLS International Limited
Company typePublic
IndustryServices
HeadquartersNew Delhi, India
Area served
Worldwide
Key people
  • Mr. Diwakar Aggarwal(Chairman- Non-Executive Director)
  • Mr Nikhil Gupta (Managing Director)
  • Mr. Shikhar Aggarwal (Joint Managing Director)
  • Mr. Karan Aggarwal (Executive Director)
[1]
ServicesVisa and passport outsourcing, biometric enrolment, e-governance, consular services, travel insurance, mobile biometrics etc. [2]
Revenue  438.09 crore (US$52 million) (2024)[3]
Total equity  14,792 crore (US$1.8 billion) (2024)[4]
Number of employees
60,000 (2024)[5]
Websitewww.blsinternational.com

BLS International is a company providing outsourcing and technology services, focusing on visa, passport, consular, and citizen services for governments and diplomatic missions. The company is headquartered in New Delhi, India.[6][7] BLS International operates in over 65 countries across five continents.[8][9]

Founded in 2005, BLS International has expanded its operations and services by incorporating advanced technologies such as biometric systems and artificial intelligence.[10]

The company is publicly listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India.[11] BLS International follows corporate governance practices and has received several awards for its service delivery.[12]

History

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2005

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BLS International was founded in New Delhi, India, and obtained its first visa processing contract with the Portuguese Embassy in Delhi. This contract marked the company's entry into the visa outsourcing sector.[13][14]

2006-2007

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The company expanded its services to include visa processing for the embassies of Austria, Belgium, Greece, and Tunisia in India.

2008-2010

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BLS International started providing visa processing services for the Indian embassies in Spain, Kuwait, Sudan, and Russia.[15]

2011

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The company opened Visa Application Centers (VACs) for the Indian Embassy in the UAE and other Indian missions in Southeast Asia.[16]

2012

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BLS International began visa processing for the Indian embassies in Saudi Arabia and Singapore.[17]

2013

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The company expanded its services to multiple European Union countries, strengthening its presence in the European market.[18]

2014-2015

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BLS International added seven Indian missions abroad, including locations in the United States and Canada.[19]

2016

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The company secured a global visa outsourcing contract worth €175 million with Spain's Ministry of Foreign Affairs and Cooperation (MAEC). BLS International also started an e-governance project for the Punjab State Government in India to operate and manage 2,147 Seva Kendras.[20][21]

2017

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The company began providing consular services to Afghan nationals in the UAE, Kuwait, Oman, Bahrain, Qatar, and Saudi Arabia.[22][23][24][25]

2018

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BLS International introduced new value-added services, such as travel insurance, mobile biometrics, and courier services.[26]

2019

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The company expanded its operations to the Asia-Pacific region, including Australia, China, and Japan, and secured additional contracts in Europe and the Middle East.[27]

2020

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In response to the COVID-19 pandemic, BLS International implemented health and safety protocols and introduced contactless solutions for document submission and biometric enrollment.[28][29][30]

2021

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BLS International integrated advanced technologies, such as artificial intelligence (AI) and machine learning (ML), to improve biometric enrollment and document verification processes. The company also expanded its e-governance solutions.[31][32][33]

2022-2024

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BLS International expanded its operations in Africa and Latin America, securing new contracts with additional governments and receiving recognition for service excellence and customer satisfaction.[34]


Acquisitions

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BLS International has made several strategic acquisitions to expand its services and global reach. The following table lists the acquisitions by BLS International:

Date Acquired Company Description Sector Acquisition Price Reference
August, 2018 Starfin India Pvt. Ltd. Starfin India Pvt. Ltd. provides financial inclusion services including banking, insurance, and other financial services. Banking & Finance Undisclosed [35]
June, 2022 Zero Mass Private Ltd. Provider of zero microfinance & savings support Financial Services $15.4M [36]
June, 2024 Aadifidelis Solution Pvt. Ltd. Aadifidelis Solution Pvt. Ltd. provides financial and banking services in rural and semi-urban areas. Banking & Finance $22.69M [37]
June, 2024 iDATA Provider of official visa application services Travel and Hospitality $54.8M [38]

Request to Add Section "Subsidiaries of BLS International"

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Subsidiaries of BLS International[39]
Subsidiary Extent of Consolidation Rationale for Consolidation
BLS International FZE, UAE Full Foreign Subsidiary of Holding Company
BLS International Services, UAE Full Foreign Subsidiary of BLS International FZE
BLS International Services Norway AS Full Foreign Subsidiary of BLS International FZE
BLS International Services Singapore PTE. LTD. Full Foreign Subsidiary of BLS International FZE
BLS International Services Canada Inc. Full Foreign Subsidiary of BLS International FZE
BLS International Services Malaysia SDN BHD Full Foreign Subsidiary of BLS International FZE
BLS International Services (UK) Limited Full Foreign Subsidiary of BLS International FZE
Consular Outsourcing BLS Services Inc., USA Full Foreign Subsidiary of BLS International FZE
BLS International Vize Hizmetleri Ltd. Sti., Turkey Full Foreign Subsidiary of BLS International FZE
BLS International Services Ltd., Hong Kong Full Foreign Subsidiary of BLS International FZE
BLS Worldwide (Pty) Limited, South Africa Full Foreign Subsidiary of BLS International FZE
BLS International Services SRL, Italy Full Foreign Subsidiary of BLS International FZE
BLS Liaison Services Limited, Kenya Full Foreign Subsidiary of BLS International FZE
Zero Mass Private Limited Full Indian Subsidiary of BLS E-Services Private Limited
BLS E-Services Private Limited Full Indian Subsidiary of Holding Company
BLS E-Solutions Private Limited Full Indian Subsidiary of Holding Company
BLS IT Services Private Limited Full Indian Subsidiary of Holding Company
Starfin India Private Limited Full Indian Subsidiary of BLS E-Services Private Limited
BLS Kendras Private Limited Full Indian Subsidiary of BLS E-Services Private Limited
Reired BLS International Services Limited Full Indian Subsidiary of Holding Company
  1. ^ "Board of Directors - BLS International Services Ltd". https://www.blsinternational.com. {{cite web}}: External link in |website= (help)
  2. ^ "Additional services". https://india.blsspainvisa.com. {{cite web}}: External link in |website= (help)
  3. ^ "BLS International Services Q3 results: Profit rises by 90% to Rs 87 Cr". https://www.business-standard.com. {{cite web}}: External link in |website= (help)
  4. ^ "BLS International Services Ltd". https://www.valueresearchonline.com. {{cite web}}: External link in |website= (help)
  5. ^ "BLS International Employee Strength". Employees: 60,000
  6. ^ "Contact Us- BLS International Services Ltd". BLS International.
  7. ^ "BLSIN:Natl India Stock Quote - BLS International Services Ltd". Bloomberg. Retrieved 2018-07-03.
  8. ^ "Global Presence- BLS International Services Ltd". BLS International.
  9. ^ "Nariman Point centre capable of processing 1,000 visas per day: BLS International". Zee Business.
  10. ^ "BLS Apply at Home service for Spain Schengen visa". Tripadvisor.
  11. ^ "BLS International IPO". MoneyControl.
  12. ^ "Award & Accolades - BLS International Services Ltd". BLS International.
  13. ^ "Travel News - 'Our endeavour is to work with multiple governments in different geographies'". TravelBiz Monitor. Retrieved 2018-07-06.
  14. ^ "BLS International Foundation Year". PR Newswire.
  15. ^ "Evolution of BLS International". BLS International.
  16. ^ "Evolution of BLS International". BLS International.
  17. ^ "Evolution of BLS International". BLS International.
  18. ^ "Another EU Country Outsources Visa Services to BLS International". Schengen News. Retrieved 2023-11-20.
  19. ^ "Authorized BLS Centers". Consulate General of India, Toronto.
  20. ^ "BLS International wins €175 million contract". Business Line. Retrieved 2018-07-03.
  21. ^ "BLS International to open over 2,000 centres in Punjab". The Financial Express. 2016-10-03. Retrieved 2018-07-03.
  22. ^ "BLS International wins five Gulf country contract for Islamic Republic of Afghanistan". Amedia. Retrieved 2018-07-03.
  23. ^ "Indian company will provide citizen services in Afghanistan". The Sunday Guardian Live. 2017-11-11. Retrieved 2018-07-03.
  24. ^ "BLS International inks pact with embassy of Afghanistan". India Today. Retrieved 2018-07-03.
  25. ^ "BLS Intl bags USD 5 mn order from Afghan Embassy". India Today. Retrieved 2018-07-03.
  26. ^ "BLS International expects high visa demand after resumption of international flights" (PDF). BLS International.
  27. ^ "BLS International expects high visa demand after resumption of international flights". Economic Times.
  28. ^ "FAQs: Covid-19". BLS Spain Visa.
  29. ^ "BLS COVID-19 Questions and Answers". BLS.
  30. ^ "BLS International expects high visa demand after resumption of international flights". Economic Times.
  31. ^ "BLS International expects high visa demand after resumption of international flights" (PDF). BLS International.
  32. ^ "BLS International launches AI-powered HRMS system People Hub". TechCircle.
  33. ^ "BLS International AI Integration". ScienceDirect.
  34. ^ "BLS International expects high visa demand after resumption of international flights". Economic Times.
  35. ^ "BLS International acquires Starfin India Pvt. Ltd". Retrieved 2024-07-28.
  36. ^ "BLS International acquires Zero Mass Private Ltd". Retrieved 2024-07-28.
  37. ^ "BLS International acquires Aadifidelis Solution Pvt. Ltd". Retrieved 2024-07-28.
  38. ^ "BLS International acquires iDATA". Retrieved 2024-07-28.
  39. ^ "BLS International Services Limited". CRISIL. April 24, 2023. Retrieved 2024-07-30.

DeepVikas (talk) 18:30, 30 July 2024 (UTC)Reply

Request to Add Section "Subsidiaries of BLS International"

edit
Subsidiaries of BLS International[1]
Subsidiary Extent of Consolidation Rationale for Consolidation
BLS International FZE, UAE Full Foreign Subsidiary of Holding Company
BLS International Services, UAE Full Foreign Subsidiary of BLS International FZE
BLS International Services Norway AS Full Foreign Subsidiary of BLS International FZE
BLS International Services Singapore PTE. LTD. Full Foreign Subsidiary of BLS International FZE
BLS International Services Canada Inc. Full Foreign Subsidiary of BLS International FZE
BLS International Services Malaysia SDN BHD Full Foreign Subsidiary of BLS International FZE
BLS International Services (UK) Limited Full Foreign Subsidiary of BLS International FZE
Consular Outsourcing BLS Services Inc., USA Full Foreign Subsidiary of BLS International FZE
BLS International Vize Hizmetleri Ltd. Sti., Turkey Full Foreign Subsidiary of BLS International FZE
BLS International Services Ltd., Hong Kong Full Foreign Subsidiary of BLS International FZE
BLS Worldwide (Pty) Limited, South Africa Full Foreign Subsidiary of BLS International FZE
BLS International Services SRL, Italy Full Foreign Subsidiary of BLS International FZE
BLS Liaison Services Limited, Kenya Full Foreign Subsidiary of BLS International FZE
Zero Mass Private Limited Full Indian Subsidiary of BLS E-Services Private Limited
BLS E-Services Private Limited Full Indian Subsidiary of Holding Company
BLS E-Solutions Private Limited Full Indian Subsidiary of Holding Company
BLS IT Services Private Limited Full Indian Subsidiary of Holding Company
Starfin India Private Limited Full Indian Subsidiary of BLS E-Services Private Limited
BLS Kendras Private Limited Full Indian Subsidiary of BLS E-Services Private Limited
Reired BLS International Services Limited Full Indian Subsidiary of Holding Company
  1. ^ "BLS International Services Limited". CRISIL. April 24, 2023. Retrieved 2024-07-30.

DeepVikas (talk) 18:30, 30 July 2024 (UTC)Reply