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{{Short description|Indian outsourcing service provider}}
{{Short description|Indian outsourcing service provider}}
{{Multiple issues|
{{Advert|date=July 2024}}
{{Peacock|date=July 2024}}
}}
{{Use dmy dates|date=June 2022}}
{{Use dmy dates|date=June 2022}}
{{Use Indian English|date=June 2022}}
{{Use Indian English|date=June 2022}}
{{Infobox company
{{Infobox company
| name = BLS International Limited
| name = BLS International Limited
| logo = File:BLS International Logo.png
| logo = BLS_International_Services_Ltd_logo.png
| logo_size = 320px
| logo_alt = BLS International Logo
| type = [[Public company|Public]]
| type = [[Public company|Public]]
| traded_as = {{ubl|{{NSE|BLS}} | {{BSE|540073}} }}
| traded_as = {{ubl|{{NSE|BLS}} | {{BSE|540073}} }}
| industry = Services
| industry = Services
| hq_location = New Delhi, India
| hq_location =[[New Delhi]], [[India]]
| area_served = Worldwide
| area_served = Worldwide
| key_people = {{plainlist| * Mr. Diwakar Aggarwal(Chairman- Non-Executive Director)
| key_people = {{plainlist| * Nikhil Gupta <small>(Managing Director)</small>
* Mr Nikhil Gupta (Managing Director)
* Shikhar Aggarwal <small>(Joint Managing Director)</small>
* Amit Sudhakar <small>(Chief Financial Officer)</small>}}
* Mr. Shikhar Aggarwal (Joint Managing Director)
* Mr. Karan Aggarwal (Executive Director)}} <ref>{{Cite web |title= Board of Directors - BLS International Services Ltd |url=https://www.blsinternational.com/board-of-directors.php |website=https://www.blsinternational.com}}</ref>
| revenue = {{increase}} {{INRConvert|1676.8|c}} (2024)<ref name=FY>{{Cite web |title= BLS International Services Profit & Loss Annual |url=https://www.livemint.com/bls-international-services/profit-loss-annual/companyid-s0004039 | website= www.livemint.com}}</ref>
| equity = {{profit}} {{INRConvert| 1207.6|c}} (2024)<ref name=bs>{{Cite web |title= BLS International Services Ltd |url=https://www.valueresearchonline.com/stocks/105590/bls-international-services-ltd/#:~:text=What%20is%20the%20market%20cap,is%20a%20Mid%20Cap%20company | website=www.valueresearchonline.com}}</ref>
| services = Visa and passport outsourcing, biometric enrolment, e-governance, consular services, travel insurance, mobile biometrics etc. <ref>{{Cite web |title= Additional services |url=https://india.blsspainvisa.com/additionalservices.php | website=https://india.blsspainvisa.com}}</ref>
| revenue = {{increase}} {{INRConvert|438.09|c}} (2024)<ref name=FY>{{Cite web |title= BLS International Services Q3 results: Profit rises by 90% to Rs 87 Cr |url=https://www.business-standard.com/companies/results/bls-international-services-q3-results-profit-rises-by-90-to-rs-87-cr-124021201421_1.html | website=https://www.business-standard.com}}</ref>
| equity = {{profit}} {{INRConvert| 14792|c}} (2024)<ref name=bs> {{Cite web |title= BLS International Services Ltd |url=https://www.valueresearchonline.com/stocks/105590/bls-international-services-ltd/#:~:text=What%20is%20the%20market%20cap,is%20a%20Mid%20Cap%20company | website=https://www.valueresearchonline.com}}</ref>
| website = {{URL|http://www.blsinternational.com}}
| website = {{URL|http://www.blsinternational.com}}
| num_employees = 60,000 (2024)<ref>{{cite news |title=BLS International |url=https://in.marketscreener.com/quote/stock/BLS-INTERNATIONAL-SERVICE-35005615/company/ |quote=Employees: 60,000}}</ref>
| num_employees = 60,000 (2024)<ref>{{cite news |title=BLS International |url=https://in.marketscreener.com/quote/stock/BLS-INTERNATIONAL-SERVICE-35005615/company/ |quote=Employees: 60,000}}</ref>

}}
}}


'''BLS International''' is a New Delhi-based company that provide visa, passport, consular, and citizen services. The company was founded in 2005 and operates in over 66 countries across five continents.


==History==
'''BLS International''' is a global outsourcing and technology services provider specializing in visa, passport, consular, and citizen services for governments and diplomatic missions. Headquartered in New Delhi, India.
===2005-2010===
<ref>{{Cite web |title=Contact Us- BLS International Services Ltd |url=https://www.blsinternational.com/contact-us.php| website=www.blsinternational.com}}</ref>
The company was established in 2005 in New Delhi, India,<ref>{{Cite news |date=2016-06-19 |title=BLS International soars over 21% on NSE; plans BSE listing |work=The Economic Times |url=https://economictimes.indiatimes.com/markets/stocks/news/bls-international-soars-over-21-on-nse-plans-bse-listing/articleshow/52819311.cms |access-date=2018-07-03}}</ref> and began its operations by securing a contract with the Portuguese Embassy in Delhi to handle visa processing. Over the subsequent years, from 2006 to 2010, the company expanded its services to include visa processing for European embassies, such as those of [[Austria]], [[Belgium]], [[Greece]], and [[Tunisia]]. By 2008, BLS International had extended its operations internationally, providing services for the Indian Embassy in countries including [[Spain]], [[Kuwait]], [[Sudan]], and [[Russia]].<ref>{{cite web |title=BLS International: Visa applications near pre-pandemic levels, China and Russia lag - CNBC TV18 |url=https://www.cnbctv18.com/business/companies/bls-international-visa-applications-near-pre-pandemic-levels-china-and-russia-lag-18443701.htm |website=CNBCTV18 |language=en |date=1 December 2023}}</ref><ref>{{cite web |title=BLS International rises on bagging contract for Italy visa processing services |url=https://www.business-standard.com/article/news-cm/bls-international-rises-on-bagging-contract-for-italy-visa-processing-services-121092900349_1.html |website=Business Standard}}</ref>
<ref>{{Cite web |title=BLSIN:Natl India Stock Quote - BLS International Services Ltd |url=https://www.bloomberg.com/quote/BLSIN:IN |access-date=2018-07-03 |website=Bloomberg.com}}</ref>
BLS International operates in over 65 countries across five continents. <ref>{{Cite web |title=Global Presence- BLS International Services Ltd |url=https://www.blsinternational.com/links-to-country-sites.php| website=www.blsinternational.com}}</ref><ref>{{Cite web |title=Nariman Point centre capable of processing 1,000 visas per day: BLS International |url=https://www.zeebiz.com/india/news-mumbai-gets-new-bls-international-visa-application-centre-at-nariman-point-to-handle-spain-slovakia-egypt-gambia-morocco-south-korea-visa-applications-too-297290| website=https://www.zeebiz.com}}</ref>

Founded in 2005, the company has grown significantly, leveraging advanced technologies such as biometric systems and artificial intelligence to enhance service delivery. <ref>{{Cite web |title=Biometrics and Identity Management Services |url=https://www.blsinternational.com/identity-management-services.php| website=https://www.blsinternational.com}}</ref><ref>{{Cite web |title=BLS Apply at Home service for Spain Schengen visa. |url=https://www.tripadvisor.in/ShowTopic-g187427-i42-k14165708-BLS_Apply_at_Home_service_for_Spain_Schengen_visa-Spain.html |website=https://www.tripadvisor.in}}</ref>

Listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India, BLS International adheres to stringent corporate governance practices and has received numerous awards for its excellence in service delivery.
<ref>{{Cite web |title=BLS International Price Target |url=https://economictimes.indiatimes.com/bls-international-services-ltd/prices/companyid-64350.cms| website=https://economictimes.indiatimes.com}}</ref>
<ref>{{Cite web |title=BLSIN:Natl India Stock Quote - BLS International Services Ltd |url=https://www.business-standard.com/markets/bls-international-services-ltd-share-price-22535.html |website=https://www.business-standard.com}}</ref>

== History ==

=== 2005 ===
BLS International was founded in New Delhi, India, and secured its first visa processing contract from the Portuguese Embassy in Delhi. This initial contract marked the beginning of the company's journey in the visa outsourcing industry, establishing its foundational operations and setting the stage for future expansion.
<ref>{{Cite web |title=Travel News - 'Our endeavour is to work with multiple governments in different geographies' {{!}} TravelBiz Monitor |url=http://www.travelbizmonitor.com/In-Conversation/our-endeavour-is-to-work-with-multiple-governments-in-different-geographies-35480 |access-date=2018-07-06 |website=www.travelbizmonitor.com}}</ref><ref> {{cite web |url=https://www.prnewswire.com/in/news-releases/indian-origin-bls-international-inaugurates-its-spain-visa-application-centre-in-algeria-674685423.html | title= BLS International Foundation Year}}</ref>

=== 2006-2007 ===
The company expanded its services by commencing operations for the Embassies of Austria, Belgium, Greece, and Tunisia in India. These early contracts helped BLS International build a reputation for reliable and efficient visa processing services, attracting more diplomatic missions to its client base. <ref> {{cite web |title=Evolution of BLS International |url= https://www.blsinternational.com/blog/the-evolution-of-bls |website=https://www.blsinternational.com |language=en}}</ref>

=== 2008-2010 ===
BLS International extended its services to international locations by starting operations for the Embassy of India in Spain, Kuwait, Sudan, and Russia. This period of growth highlighted the company's capability to manage visa services across diverse geopolitical regions, further solidifying its position in the global market.<ref> {{cite web |title=Evolution of BLS International |url= https://www.blsinternational.com/blog/the-evolution-of-bls |website=https://www.blsinternational.com |language=en}}</ref>

=== 2011 ===
The company opened Visa Application Centers (VACs) for the Indian Embassy in the UAE, along with other Indian missions in Southeast Asia. This expansion into the Middle East and Southeast Asia marked a significant milestone, demonstrating BLS International's ability to handle large-scale visa operations in multiple countries.<ref> {{cite web |title=Evolution of BLS International |url= https://www.blsinternational.com/blog/the-evolution-of-bls |website=https://www.blsinternational.com |language=en}}</ref>

=== 2012 ===
BLS International commenced operations for the Indian Embassy in Saudi Arabia and Singapore. These new operations strengthened the company's presence in the Gulf region and Southeast Asia, enabling it to cater to a broader range of applicants and diplomatic missions.<ref> {{cite web |title=Evolution of BLS International |url= https://www.blsinternational.com/blog/the-evolution-of-bls |website=https://www.blsinternational.com |language=en}}</ref>

=== 2013 ===
The company initiated visa processing services for multiple European Union countries. This significant expansion into Europe allowed BLS International to diversify its client portfolio and enhance its service offerings, positioning itself as a key player in the European visa outsourcing market. <ref> {{cite web |title=Another EU Country Outsorces Visa Services to BLS International |url= https://schengen.news/another-eu-country-outsorces-visa-services-to-bls-international/ |access-date=2023-11-20 |website=https://schengen.news |language=en}}</ref>

=== 2014-2015 ===
BLS International added seven Indian missions abroad, including high-volume locations in the United States and Canada. This strategic expansion into North America boosted the company's global presence and enabled it to handle a larger volume of visa applications from major diplomatic missions.<ref> {{cite web |title= Authorized BLS Centers |url= https://www.cgitoronto.gov.in/page/authorized-bls-centers/ |website= https://www.cgitoronto.gov.in |language=en}}</ref>

=== 2016 ===
BLS International signed a global visa outsourcing contract worth €175 million with Spain's Ministry of Foreign Affairs and Cooperation (MAEC). This contract was a major milestone for the company, significantly increasing its revenue and establishing it as a leading provider of visa outsourcing services in Europe.
<ref>{{Cite news |title=BLS International wins €175 million contract |language=en |work=@businessline |url=https://www.thehindubusinessline.com/companies/bls-international-wins-175-million-contract/article9424678.ece |access-date=2018-07-03}}</ref>

Additionally, BLS International was awarded an e-governance project by the Punjab State Government in India to operate and manage 2,147 Seva Kendras, providing 223 citizen-centric services such as issuing birth and death certificates and permits, as defined under the Punjab Right to Services Act, 2011. <ref>{{Cite news |date=2016-10-03 |title=BLS International to open over 2,000 centres in Punjab |language=en-US |work=The Financial Express |url=https://www.financialexpress.com/industry/bls-international-to-open-over-2000-centres-in-punjab/402780/ |access-date=2018-07-03}}</ref>

=== 2017 ===
The company began providing citizen services to Afghan nationals in the UAE, Kuwait, Oman, Bahrain, Qatar, and Saudi Arabia under a consular service contract with the Islamic Republic of Afghanistan. This expansion marked BLS International's entry into consular services for non-Indian nationals, broadening its service scope and client base.
<ref>{{Cite web |title=BLS International wins five Gulf country contract for Islamic Republic of Afghanistan |url=http://amedia.co.in/fullnews.aspx?news_id=319 |access-date=2018-07-03 |website=amedia.co.in}}</ref><ref>{{Cite news |date=2017-11-11 |title=Indian company will provide citizen services in Afghanistan - The Sunday Guardian Live |language=en-US |work=The Sunday Guardian Live |url=https://www.sundayguardianlive.com/news/11623-indian-company-will-provide-citizen-services-afghanistan |access-date=2018-07-03}}</ref><ref>{{Cite web |title=BLS International inks pact with embassy of Afghanistan |url=https://www.indiatoday.in/pti-feed/story/bls-international-inks-pact-with-embassy-of-afghanistan-1048042-2017-09-19 |access-date=2018-07-03 |website=India Today |language=en}}</ref><ref>{{Cite web |title=BLS Intl bags USD 5 mn order from Afghan Embassy |url=https://www.indiatoday.in/pti-feed/story/bls-intl-bags-usd-5-mn-order-from-afghan-embassy-948539-2017-06-22 |access-date=2018-07-03 |website=India Today |language=en}}</ref>

=== 2018 ===
BLS International launched new value-added services, including travel insurance, mobile biometrics, and courier services. These enhancements improved the applicant experience and expanded the company's range of services, demonstrating its commitment to innovation and customer satisfaction.

=== 2019 ===
The company expanded in the Asia-Pacific region, including operations in Australia, China, and Japan. Additional contracts were secured in Europe and the Middle East, further strengthening BLS International's global presence and enabling it to cater to a diverse array of clients.

=== 2020 ===
In response to the COVID-19 pandemic, BLS International implemented stringent health and safety protocols and introduced contactless solutions for document submission and biometric enrolment. These measures ensured the continuity of services during the global health crisis and highlighted the company's adaptability and commitment to public safety.<ref>{{Cite web |title=FAQs : Covid-19 |url=https://uk.blsspainvisa.com/london/faq-covid-19.php | website= https://uk.blsspainvisa.com | language=en}}</ref> <ref>{{Cite web |title=BLS COVID-19 Questions and Answers | url=https://www.bls.gov/covid19/home.htm | website= https://www.bls.gov/covid19 | language=en}}</ref> <ref>{{Cite web |title=BLS International expects high visa demand after resumption of international flights | url=https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/bls-international-expects-high-visa-demand-after-resumption-of-international-flights/articleshow/90127577.cms?from=mdr | website= https://economictimes.indiatimes.com | language=en}}</ref>

=== 2021 ===
The company integrated advanced technologies such as artificial intelligence (AI) and machine learning (ML) to enhance biometric enrolment and document verification processes. E-governance solutions were expanded to support digital transformation initiatives by governments, further demonstrating BLS International's focus on technological innovation.<ref>{{Cite web |title=BLS International expects high visa demand after resumption of international flights | url=https://www.blsinternational.com/assets/pdfs/Coverage-cio-review-india.pdf | website= https://www.blsinternational.com | language=en}}</ref><ref>{{Cite web |title=BLS International expects high visa demand after resumption of international flights | url=https://www.techcircle.in/2024/07/01/bls-international-launches-ai-powered-hrms-system-people-hub | website= https://www.techcircle.in/ | language=en}}</ref><ref>{{Cite web |title=BLS International expects high visa demand after resumption of international flights | url=https://www.sciencedirect.com/science/article/abs/pii/S0957417423022364 | website= https://www.sciencedirect.com | language=en}}</ref>

=== 2022-2024 ===
BLS International increased its footprint in Africa and Latin America, securing contracts with additional governments. The company continued to receive awards for service excellence and customer satisfaction, maintaining its reputation as a leader in the visa outsourcing industry. These years marked continued growth and recognition, positioning BLS International for sustained success in the future. <ref>{{Cite web |title=BLS International expects high visa demand after resumption of international flights | url=https://travel.economictimes.indiatimes.com/tag/bls | website= https://travel.economictimes.indiatimes.com | language=en}}</ref>

== Awards and Recognitions ==
BLS International has received numerous awards and accolades, reflecting its excellence in service delivery, innovation, and corporate governance. Some notable recognitions include:

=== Times 40Under40 Awards 2023 ===
Shikhar Aggarwal, Joint Managing Director of BLS International, was named to the 'Times 40Under40' list for 2023, which recognizes individuals under 40 who have achieved notable success in their respective fields. The award was presented by actor Sunil Shetty at a ceremony held at the Oberoi on July 24, 2023.<ref>{{cite web |title=Shikhar Aggarwal, JMD of BLS International, on Times 40Under40 List |url=https://www.mediainfoline.com/awards/shikhar-aggarwal-jmd-bls-international-wins-young-achiever-award |access-date=2024-07-28}}</ref>
<ref>{{cite web |title=Shikhar Aggarwal, JMD of BLS International, on Times 40Under40 List |url=https://timesofindia.indiatimes.com/business/india-business/times-40-under-40-summit-2023-north-leaders-celebrating-the-trailblazers-of-excellence/articleshow/102312941.cms |access-date=2024-07-28}}</ref>

=== ET Global Indian Leaders 2022 ===
Shikhar Aggarwal, Joint Managing Director of BLS International, received the ET Global Indian Leaders Award in 2022. The award recognizes his leadership and contributions among global Indian leaders. Under his leadership, BLS International has attained significant achievements.<ref>{{cite web |title=ET Global Indian Leaders Awards 2022 |url=https:/https://economictimes.indiatimes.com/news/company/corporate-trends/et-global-indian-leaders-2022-recognised-entrepreneurial-excellence-across-industries/articleshow/95013848.cms?from=mdr |access-date=2024-07-28}}</ref>

=== Times 30Under30 Awards 2021 ===
Shikhar Aggarwal, Joint Managing Director of BLS International, was included in the 'Times 30Under30' list for 2021. The list highlights young individuals who have distinguished themselves through exceptional achievements. The virtual award ceremony took place on June 5, 2021, on ET NOW, and the award was presented by actor Anupam Kher.<ref>{{cite web |title=Shikhar Aggarwal, JMD of BLS International, on Times 30Under30 List |url=http://www.blsinternational.com/awards-accolades.php |access-date=2024-07-28}}</ref>

=== India’s Most Trusted Companies Award 2019 ===
BLS International was awarded 'India’s Most Trusted Visa Outsourcing Services Company' at the India’s Most Trusted Companies Award 2019. This award recognized the company's excellence in visa process outsourcing and allied services based on comprehensive research conducted by International Brand Consulting Corporation, USA, as per the Consumer Research Report 2019.<ref>{{cite web |title=India’s Most Trusted Companies Award 2019 |url=https://www.blsinternational.com/awards-accolades.php |access-date=2024-07-28}}</ref>

=== Best Operational Process in Visa Outsourcing Award at World Quality Congress & Awards, 2019 ===
BLS International won the “Best Operational Process in Visa Outsourcing” award at the World Quality Congress & Awards held at Taj Lands End, Mumbai, on July 4, 2019, in the presence of distinguished leaders from different businesses and service categories.<ref>{{cite web |title=Best Operational Process in Visa Outsourcing Award |url=https://www.blsinternational.com/awards-accolades.php |access-date=2024-07-28}}</ref>

=== Best Visa Facilitation Centres Award at the Middle East Travel and Tourism Leadership Awards 2018 ===
BLS International won the ‘Best Visa Facilitation Centres Award’ at the Middle East Travel and Tourism Leadership Awards 2018 organized by Gulf Cooperation Council Africa Leadership Excellence in Dubai on October 3, 2018.<ref>{{cite web |title=Best Visa Facilitation Centres Award |url=https://www.blsinternational.com/awards-accolades.php |access-date=2024-07-28}}</ref>

=== Excellence in the Travel Sector – CMO Asia’s Best Practices Awards 2018 ===
BLS International was recognized amongst the best Asian companies making a notable impact on human lives and received the “Excellence in the Travel Sector” award in Singapore on August 1, 2018.<ref>{{cite web |title=Excellence in the Travel Sector |url=https://www.blsinternational.com/awards-accolades.php |access-date=2024-07-28}}</ref>


===2011-2015===
=== Times Network’s National Awards for Marketing Excellence in Travel & Tourism Industry, 2018 ===
In 2011, BLS International opened Visa Application Centers (VACs) for the Indian Embassy in the [[UAE]] and other Indian missions in [[Southeast Asia]].<ref>{{cite web |title=New company in UAE begins Indian visa services |url=https://gulfnews.com/going-out/society/new-company-in-uae-begins-indian-visa-services-1.784446 |website=gulfnews.com |language=en |date=29 March 2011}}</ref> The company continued to expand in 2012 by initiating visa processing services for Indian embassies in [[Saudi Arabia]] and [[Singapore]].<ref>{{cite web |title=New outsourcing contract for Indian consular services |url=https://www.arabnews.com/new-outsourcing-contract-indian-consular-services?page=1 |website=Arab News |language=en |date=7 August 2012}}</ref> Between 2014 and 2015, BLS International extended its services to seven additional Indian missions abroad, including in the [[United States]] and [[Canada]].
Mr. Shikhar Aggarwal, JMD, BLS International, won the ‘Young Achiever Award Of The Year’ at the Times Network’s National Awards held in Mumbai on July 5, 2018.<ref>{{cite web |title=Young Achiever Award Of The Year |url=https://www.blsinternational.com/awards-accolades.php |access-date=2024-07-28}}</ref>


===2016===
=== India's Best Visa Outsourcing Services Company – India's Best Company of the Year Award 2017 ===
In 2016, BLS International was awarded a contract by [[Ministry of Foreign Affairs (Spain)|Spain's Ministry of Foreign Affairs]] and Cooperation (MAEC) for global visa outsourcing, valued at €175 million.<ref>{{Cite news |title=BLS International wins €175 million contract |language=en |work=@businessline |url=https://www.thehindubusinessline.com/companies/bls-international-wins-175-million-contract/article9424678.ece |access-date=2018-07-03}}</ref> Additionally, the company was contracted by the [[Government of Punjab, India]] to manage 2,147 Seva Kendras as part of an e-governance project.<ref>{{Cite news |date=2016-10-03 |title=BLS International to open over 2,000 centres in Punjab |language=en-US |work=The Financial Express |url=https://www.financialexpress.com/industry/bls-international-to-open-over-2000-centres-in-punjab/402780/ |access-date=2018-07-03}}</ref>
BLS International achieved "India's Best Company of the Year Award 2017" for "India's Best Visa Outsourcing Services Company" in Mumbai on March 10, 2018, recognizing their pioneering efforts in the field of visa process outsourcing.<ref>{{cite web |title=India's Best Visa Outsourcing Services Company |url=https://www.blsinternational.com/awards-accolades.php |access-date=2024-07-28}}</ref>


== Acquisitions ==
===2017===
In 2017, BLS International broadened its service offerings by providing consular services to Afghan nationals in several [[Gulf countries]], marking an expansion beyond its traditional focus on visa processing for Indian nationals.<ref>{{Cite web |title=BLS International wins five Gulf country contract for Islamic Republic of Afghanistan |url=http://amedia.co.in/fullnews.aspx?news_id=319 |access-date=2018-07-03 |website=amedia.co.in}}</ref><ref>{{Cite news |date=2017-11-11 |title=Indian company will provide citizen services in Afghanistan - The Sunday Guardian Live |language=en-US |work=The Sunday Guardian Live |url=https://www.sundayguardianlive.com/news/11623-indian-company-will-provide-citizen-services-afghanistan |access-date=2018-07-03}}</ref><ref>{{Cite web |title=BLS International inks pact with embassy of Afghanistan |url=https://www.indiatoday.in/pti-feed/story/bls-international-inks-pact-with-embassy-of-afghanistan-1048042-2017-09-19 |access-date=2018-07-03 |website=India Today |date=19 September 2017 |language=en}}</ref><ref>{{Cite web |title=BLS Intl bags USD 5 mn order from Afghan Embassy |url=https://www.indiatoday.in/pti-feed/story/bls-intl-bags-usd-5-mn-order-from-afghan-embassy-948539-2017-06-22 |access-date=2018-07-03 |website=India Today |date=22 June 2017 |language=en}}</ref>


===2018-2024===
BLS International has made several strategic acquisitions to expand its services and global reach. The following table lists the acquisitions by BLS International:
Starting in 2018, BLS International introduced several value added services, such as [[travel insurance]], mobile biometrics, and [[courier services]]. In 2019, the company expanded its operations into the [[Asia-Pacific]] region, including [[Australia]], [[China]], and [[Japan]].<ref>{{cite web |title=Expect a surge in inbound arrivals in a couple of months: BLS - ET TravelWorld |url=https://travel.economictimes.indiatimes.com/news/visas-and-passports/expect-a-surge-in-inbound-arrivals-in-a-couple-of-months-bls/87730950 |website=ETTravelWorld.com |access-date=27 August 2024 |language=en}}</ref> By 2021, BLS International had integrated advanced technologies like [[artificial intelligence]] (AI) and [[machine learning]] (ML) to enhance [[biometric]] enrolment and document verification processes.<ref>{{cite web |title=BLS International launches AI-powered HRMS system People Hub |url=https://www.techcircle.in/2024/07/01/bls-international-launches-ai-powered-hrms-system-people-hub/ |website=Techcircle |language=en |date=1 July 2024}}</ref> The company also expanded its [[e-governance]] solutions to support [[digital transformation]] initiatives. From 2022 to 2024, BLS International further extended its operations into [[Africa]] and [[Latin America]].<ref>{{cite web |title=BLS International bags visa outsourcing contract with Spain for another term - ET TravelWorld |url=https://travel.economictimes.indiatimes.com/news/visas-and-passports/bls-international-bags-visa-outsourcing-contract-with-spain-for-another-term/100416458 |website=ETTravelWorld.com |language=en}}</ref>


In August 2024, the company was awarded a contract for global visa outsourcing by the [[Ministry of Foreign and European Affairs of the Slovak Republic]].<ref>{{cite web |title=The Embassy allocates appointments through the BLS visa agency |url=https://www.foreign.gov.sk/en/web/astana-ru/visa-and-services/national-visa |website=foreign.gov.sk |access-date=27 August 2024}}</ref> Previously, in May 2023, the company secured a renewal of its contract with [[Ministry of Foreign Affairs (Spain)|Spain’s Ministry of Foreign Affairs and Cooperation]] (MAEC) for the second consecutive term.<ref>{{cite web |title=BLS International signs visa outsourcing contract with Spanish govt for another term - ET LegalWorld |url=https://legal.economictimes.indiatimes.com/news/international/bls-international-signs-visa-outsourcing-contract-with-spanish-govt-for-another-term/100421640 |website=ETLegalWorld.com |access-date=27 August 2024 |language=en}}</ref>
{| class="wikitable sortable"
! 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 ||<ref>{{cite web |title=BLS International acquires Starfin India Pvt. Ltd. |url=https://economictimes.indiatimes.com/industry/banking/finance/banking/bls-e-services-acquires-starfin-india-for-an-undisclosed-amount/articleshow/65343937.cms?from=mdr |access-date=2024-07-28}}</ref>
|-
| June, 2022 || Zero Mass Private Ltd. || Provider of zero microfinance & savings support || Financial Services || $15.4M ||<ref>{{cite web |title=BLS International acquires Zero Mass Private Ltd. |url=https://tracxn.com/d/acquisitions/acquisitions-by-bls-international/___itpz-Ulhon4aMXGE2_M_Ehmvb2g9O5NKcZuaxW-WAY |access-date=2024-07-28}}</ref>
|-
| 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 || <ref>{{cite web |title=BLS International acquires Aadifidelis Solution Pvt. Ltd. |url=https://www.business-standard.com/companies/news/bls-eservices-to-acquire-55-stake-in-aadifidelis-solution-for-rs-19-bn-124061800654_1.html |access-date=2024-07-28}}</ref>
|-
| June, 2024 || iDATA || Provider of official visa application services || Travel and Hospitality || $54.8M || <ref>{{cite web |title=BLS International acquires iDATA |url=https://tracxn.com/d/acquisitions/acquisitions-by-bls-international/___itpz-Ulhon4aMXGE2_M_Ehmvb2g9O5NKcZuaxW-WAY |access-date=2024-07-28}}</ref>
|}


During this period, the company also expanded its operations with several regional contracts. In November 2022, the company began providing services for the Embassies of [[Germany]] in the [[Embassy of Germany, Washington, D.C.|United States of America]] and [[Mexico]].<ref>{{cite web |title=BLS International rolls out Germany visa application centres in the US, Mexico City - ET TravelWorld |url=https://travel.economictimes.indiatimes.com/news/visas-and-passports/bls-international-rolls-out-germany-visa-application-centres-in-the-us-mexico-city/95595973 |website=ETTravelWorld.com |access-date=27 August 2024 |language=en}}</ref> In July 2023, it secured contracts with the Embassies of [[Italy]] in [[Kazakhstan]], [[Senegal]], [[Cameroon]], [[Abu Dhabi]], [[Pakistan]], and [[Mali]].<ref>{{cite web |title=BLS Intl. signs a visa outsourcing contract with Embassy of Italy in Kazakhstan - ET TravelWorld |url=https://travel.economictimes.indiatimes.com/news/visas-and-passports/bls-intl-signs-a-visa-outsourcing-contract-with-embassy-of-italy-in-kazakhstan/101423092 |website=ETTravelWorld.com |access-date=27 August 2024 |language=en}}</ref> This was followed by contracts in February 2024 for the Embassies of [[Hungary]] in [[Algeria]], [[Bangladesh]], [[Canada]], [[Jordan]], [[Oman]], [[Qatar]], and [[Uzbekistan]].<ref>{{cite web |title=BLS Gets Contracts From Hungary For Visa Outsourcing Services In 3 Countries |url=https://www.ndtvprofit.com/business/bls-gets-contracts-from-hungary-for-visa-outsourcing-services-in-3-countries |website=NDTV Profit |access-date=27 August 2024 |language=en |date=29 February 2024}}</ref> In March 2024, the company added the Embassy of the [[Czech Republic]] in [[Botswana]] to its portfolio.<ref>{{cite web |title=BLS International signs contract with Embassy of Czech Republic |url=https://bwhotelier.com/article/bls-international-signs-contract-with-embassy-of-czech-republic--515038 |website=BW Hotelier |access-date=27 August 2024 |language=en}}</ref><ref>{{cite web |last1=Ganesh |first1=TBM Staff-Mumbai, Nishtha |title=BLS International partners with Czech Republic Embassy for Botswana |url=https://travelbizmonitor.com/bls-international-partners-with-czech-republic-embassy-for-botswana/ |website=India's Top Travel News Source: TravelBiz Monitor |access-date=27 August 2024 |date=28 March 2024}}</ref> In July 2024, the company began providing services for the Embassy of [[Poland]] in the [[Philippines]].<ref>{{cite web |title=BLS International joins hands with Poland embassy for visa outsourcing services in Philippines |url=https://economictimes.indiatimes.com/news/latest-news/bls-international-joins-hands-with-poland-embassy-for-visa-outsourcing-services-in-philippines/articleshow/111431771.cms |website=The Economic Times |access-date=27 August 2024 |date=2 July 2024}}</ref> The company began providing services for the Embassy of [[Portugal]] in [[Morocco]] in May 2024.<ref>{{cite web |title=BLS International Signs Contract with the Embassy of Portugal for Visa Outsourcing Services in Morocco |url=https://theprint.in/ani-press-releases/bls-international-signs-contract-with-the-embassy-of-portugal-for-visa-outsourcing-services-in-morocco/2077626/ |website=ThePrint |access-date=27 August 2024 |date=9 May 2024}}</ref>
== Listing ==
The company's equity shares are listed on the [[National Stock Exchange of India|National Stock Exchange (NSE)]], the [[Bombay Stock Exchange|Bombay Stock Exchange (BSE)]] and [[Metropolitan Stock Exchange|Metropolitan Stock Exchange (MSEI)]].<ref>{{Cite news|url=https://www.indiainfoline.com/article/companies-circulars-bse/listing-of-equity-shares-of-bls-international-services-limited-116090200130_1.html|title=Listing of Equity Shares of BLS International Services Limited.|last=indiainfoline.com|access-date=2018-07-03|language=en}}</ref>


==Listing==
The company's [[equity shares]] are listed on the [[National Stock Exchange of India]], the [[Bombay Stock Exchange]] and Metropolitan Stock Exchange.<ref>{{Cite news|url=https://www.indiainfoline.com/article/companies-circulars-bse/listing-of-equity-shares-of-bls-international-services-limited-116090200130_1.html|title=Listing of Equity Shares of BLS International Services Limited.|last=indiainfoline.com|access-date=2018-07-03|language=en}}</ref>


== References ==
== References ==

Latest revision as of 22:13, 3 November 2024

BLS International Limited
Company typePublic
IndustryServices
HeadquartersNew Delhi, India
Area served
Worldwide
Key people
  • Nikhil Gupta (Managing Director)
  • Shikhar Aggarwal (Joint Managing Director)
  • Amit Sudhakar (Chief Financial Officer)
RevenueIncrease ₹1,676.8 crore (US$200 million) (2024)[1]
Total equityIncrease ₹1,207.6 crore (US$140 million) (2024)[2]
Number of employees
60,000 (2024)[3]
Websitewww.blsinternational.com

BLS International is a New Delhi-based company that provide visa, passport, consular, and citizen services. The company was founded in 2005 and operates in over 66 countries across five continents.

History

[edit]

2005-2010

[edit]

The company was established in 2005 in New Delhi, India,[4] and began its operations by securing a contract with the Portuguese Embassy in Delhi to handle visa processing. Over the subsequent years, from 2006 to 2010, the company expanded its services to include visa processing for European embassies, such as those of Austria, Belgium, Greece, and Tunisia. By 2008, BLS International had extended its operations internationally, providing services for the Indian Embassy in countries including Spain, Kuwait, Sudan, and Russia.[5][6]

2011-2015

[edit]

In 2011, BLS International opened Visa Application Centers (VACs) for the Indian Embassy in the UAE and other Indian missions in Southeast Asia.[7] The company continued to expand in 2012 by initiating visa processing services for Indian embassies in Saudi Arabia and Singapore.[8] Between 2014 and 2015, BLS International extended its services to seven additional Indian missions abroad, including in the United States and Canada.

2016

[edit]

In 2016, BLS International was awarded a contract by Spain's Ministry of Foreign Affairs and Cooperation (MAEC) for global visa outsourcing, valued at €175 million.[9] Additionally, the company was contracted by the Government of Punjab, India to manage 2,147 Seva Kendras as part of an e-governance project.[10]

2017

[edit]

In 2017, BLS International broadened its service offerings by providing consular services to Afghan nationals in several Gulf countries, marking an expansion beyond its traditional focus on visa processing for Indian nationals.[11][12][13][14]

2018-2024

[edit]

Starting in 2018, BLS International introduced several value added services, such as travel insurance, mobile biometrics, and courier services. In 2019, the company expanded its operations into the Asia-Pacific region, including Australia, China, and Japan.[15] By 2021, BLS International had integrated advanced technologies like artificial intelligence (AI) and machine learning (ML) to enhance biometric enrolment and document verification processes.[16] The company also expanded its e-governance solutions to support digital transformation initiatives. From 2022 to 2024, BLS International further extended its operations into Africa and Latin America.[17]

In August 2024, the company was awarded a contract for global visa outsourcing by the Ministry of Foreign and European Affairs of the Slovak Republic.[18] Previously, in May 2023, the company secured a renewal of its contract with Spain’s Ministry of Foreign Affairs and Cooperation (MAEC) for the second consecutive term.[19]

During this period, the company also expanded its operations with several regional contracts. In November 2022, the company began providing services for the Embassies of Germany in the United States of America and Mexico.[20] In July 2023, it secured contracts with the Embassies of Italy in Kazakhstan, Senegal, Cameroon, Abu Dhabi, Pakistan, and Mali.[21] This was followed by contracts in February 2024 for the Embassies of Hungary in Algeria, Bangladesh, Canada, Jordan, Oman, Qatar, and Uzbekistan.[22] In March 2024, the company added the Embassy of the Czech Republic in Botswana to its portfolio.[23][24] In July 2024, the company began providing services for the Embassy of Poland in the Philippines.[25] The company began providing services for the Embassy of Portugal in Morocco in May 2024.[26]

Listing

[edit]

The company's equity shares are listed on the National Stock Exchange of India, the Bombay Stock Exchange and Metropolitan Stock Exchange.[27]

References

[edit]
  1. ^ "BLS International Services Profit & Loss Annual". www.livemint.com.
  2. ^ "BLS International Services Ltd". www.valueresearchonline.com.
  3. ^ "BLS International". Employees: 60,000
  4. ^ "BLS International soars over 21% on NSE; plans BSE listing". The Economic Times. 19 June 2016. Retrieved 3 July 2018.
  5. ^ "BLS International: Visa applications near pre-pandemic levels, China and Russia lag - CNBC TV18". CNBCTV18. 1 December 2023.
  6. ^ "BLS International rises on bagging contract for Italy visa processing services". Business Standard.
  7. ^ "New company in UAE begins Indian visa services". gulfnews.com. 29 March 2011.
  8. ^ "New outsourcing contract for Indian consular services". Arab News. 7 August 2012.
  9. ^ "BLS International wins €175 million contract". @businessline. Retrieved 3 July 2018.
  10. ^ "BLS International to open over 2,000 centres in Punjab". The Financial Express. 3 October 2016. Retrieved 3 July 2018.
  11. ^ "BLS International wins five Gulf country contract for Islamic Republic of Afghanistan". amedia.co.in. Retrieved 3 July 2018.
  12. ^ "Indian company will provide citizen services in Afghanistan - The Sunday Guardian Live". The Sunday Guardian Live. 11 November 2017. Retrieved 3 July 2018.
  13. ^ "BLS International inks pact with embassy of Afghanistan". India Today. 19 September 2017. Retrieved 3 July 2018.
  14. ^ "BLS Intl bags USD 5 mn order from Afghan Embassy". India Today. 22 June 2017. Retrieved 3 July 2018.
  15. ^ "Expect a surge in inbound arrivals in a couple of months: BLS - ET TravelWorld". ETTravelWorld.com. Retrieved 27 August 2024.
  16. ^ "BLS International launches AI-powered HRMS system People Hub". Techcircle. 1 July 2024.
  17. ^ "BLS International bags visa outsourcing contract with Spain for another term - ET TravelWorld". ETTravelWorld.com.
  18. ^ "The Embassy allocates appointments through the BLS visa agency". foreign.gov.sk. Retrieved 27 August 2024.
  19. ^ "BLS International signs visa outsourcing contract with Spanish govt for another term - ET LegalWorld". ETLegalWorld.com. Retrieved 27 August 2024.
  20. ^ "BLS International rolls out Germany visa application centres in the US, Mexico City - ET TravelWorld". ETTravelWorld.com. Retrieved 27 August 2024.
  21. ^ "BLS Intl. signs a visa outsourcing contract with Embassy of Italy in Kazakhstan - ET TravelWorld". ETTravelWorld.com. Retrieved 27 August 2024.
  22. ^ "BLS Gets Contracts From Hungary For Visa Outsourcing Services In 3 Countries". NDTV Profit. 29 February 2024. Retrieved 27 August 2024.
  23. ^ "BLS International signs contract with Embassy of Czech Republic". BW Hotelier. Retrieved 27 August 2024.
  24. ^ Ganesh, TBM Staff-Mumbai, Nishtha (28 March 2024). "BLS International partners with Czech Republic Embassy for Botswana". India's Top Travel News Source: TravelBiz Monitor. Retrieved 27 August 2024.{{cite web}}: CS1 maint: multiple names: authors list (link)
  25. ^ "BLS International joins hands with Poland embassy for visa outsourcing services in Philippines". The Economic Times. 2 July 2024. Retrieved 27 August 2024.
  26. ^ "BLS International Signs Contract with the Embassy of Portugal for Visa Outsourcing Services in Morocco". ThePrint. 9 May 2024. Retrieved 27 August 2024.
  27. ^ indiainfoline.com. "Listing of Equity Shares of BLS International Services Limited". Retrieved 3 July 2018.
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