Bilcare

Pune, India Founded: 1993 • Age: 33 yrs Acquired By Lindsay Goldberg
Pharmaceutical packaging, clinical supplies, and anti-counterfeiting solutions are provided.
Annual revenue $91.8M Latest available
Total funding - 2 rounds
Employees 78 Tracked headcount
Investors 3 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About Bilcare

Bilcare is a company based in Pune (India) founded in 1993 by Mohan Bhandari was acquired by Lindsay Goldberg in September 2019. The company has 78 employees as of March 31, 2024. Bilcare has completed 1 acquisition, including Singular ID. Bilcare offers products and services including Blister Films, Blister Foils, Lidding Foils, Aluminum Foils, and Polymer Films. Bilcare operates in a competitive market with competitors including Unither, Akums, Jubilant Life Sciences, Recipharm and CoreRx, among others.

  • Headquarter Pune, India
  • Employees 78 as on 31 Mar, 2024
  • Founders Mohan Bhandari
  • Stage Public
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Bilcare Ltd
Operational Areas
Healthcare → Healthcare Services & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $91.82 M (USD)
    5.36
    as on Mar 31, 2024
  • Net Profit
    -$3.36 M (USD)
    13.36
    as on Mar 31, 2024
  • EBITDA
    $5.21 M (USD)
    13.73
    as on Mar 31, 2024
  • Latest Funding Round
    $116.1 M (USD), Debt – Conventional

    Aug 27, 2014

  • Investors
    ISM Capital

    & 2 more

  • Employee Count
    78

    as on Mar 31, 2024

  • Investments & Acquisitions
  • Acquired by
    Lindsay Goldberg

    (Sep 04, 2019)

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

IPO & Listings of Bilcare

Bilcare is a publicly listed company on the BSE with ticker symbol BI in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: BSE · Ticker: BI · Sector: Process industries · India

Products & Services of Bilcare

Bilcare offers a comprehensive portfolio of products and services, including Blister Films, Blister Foils, Lidding Foils, Aluminum Foils, and Polymer Films.

Product name locked
Category locked
Primary

Materials for pharmaceutical blister packaging protection.

Product name locked
Category locked
Locked

Foils used in drug packaging for barrier properties.

Product name locked
Category locked
Locked

Sealing foils for pharmaceutical containers.

Product name locked
Category locked
Locked

Foils providing protection against counterfeiting.

Product name locked
Category locked
Locked

Films for innovative and sustainable packaging solutions.

People of Bilcare

Headcount 1000-5000
Employee Profiles 31
Board Members and Advisors 5
Employee Profiles
People
Vitthal Chitte
Executive - SCM (purchase / Materials)
People
Ashwini Gore
Quality Assurance And Quality Control
People
Laxmikant Nawale
Assistant Manager
People
Nilesh Kotkar
Sr Manager Qa- QMS

Unlock access to complete

Funding Insights of Bilcare

Investors in Bilcare

Bilcare has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include ISM Capital, Proventus and Lindsay Goldberg.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
A family office is operated across Nordic and European regions.
Locked Locked Locked
PE firm invests in the US
Locked Locked Locked
Financial solutions are provided for the investment industry.
Locked Locked Locked
Premium access

Investor details for Bilcare

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Bilcare

Bilcare has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Singular ID.

Investments
Premium access

Investment portfolio details for Bilcare

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Unique identification services are provided since 2004 in Singapore.
Locked Locked 2004 Locked
Premium access

Complete acquisition details for Bilcare

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

Verified entity values are shown only after access is granted.

Financial Statements - Bilcare

Premium access

Detailed financials for Bilcare

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

Verified entity values are shown only after access is granted.

Bilcare Comparisons

Bilcare Primary company
Description
Pharmaceutical packaging, clinical supplies, and anti-counte...
Location
Pune, India
Founded Year
1993
Annual Revenue
$91.82 M (USD)
Net Profit
-$3.36 M (USD)
EBITDA
$5.21 M (USD)
Employees
78
As of 2024
Premium access

Peer comparison for Bilcare

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

Verified entity values are shown only after access is granted.

+
Add Comparison
Available on Premium

Competitors of Bilcare

Bilcare operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Unither, Akums, Jubilant Life Sciences, Recipharm and CoreRx, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Contract development and manufacturing organization for proprietary and generic drugs
Locked Locked Locked
CDMO focusing on spectrum of dosage forms and therapeutic segments
Locked Locked Locked
Company offering a suite of R&D and manufacturing services for small molecules and generics
Locked Locked Locked
Pharmaceutical development and manufacturing services are offered contractually.
Locked Locked Locked
CDMO with a focus on early phase drug product development
Locked Locked Locked
Cephalosporin APIs and generic formulations are manufactured.
Premium access

Detailed competitors of Bilcare

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Bilcare

Premium access

Complete news archive for Bilcare

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Bilcare

Bilcare was founded in 1993 and raised its 1st funding round 17 years after it was founded.

Bilcare is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Mohan Bhandari is the current CEO of Bilcare. They have also founded this company.

As of Mar 31, 2024, the latest employee count at Bilcare is 78.

Annual revenue of Bilcare is $91.82M as on Mar 31, 2024.

Bilcare is a pharma packaging solutions provider. The company has 3 major divisions - Pharmaceutical Packaging International (PPI), Global Clinical Material Supplies (GCS) and non-clonable ID technologies. The PPI division offers packaging solutions mainly for solid dose packaging through specialty Polymer Films and Aluminum Foils. The GCS division offers clinical trial supply management services such as clinical supplies packaging and labelling, controlled-temperature (cold chain) CTM storage, worldwide distribution and returns and destructions accountability etc. The non-clonable ID technologies division offers track and trace, authentication and Anti-counterfeit (trademarked nCID technology - nonclonableID) solutions for product; people ID authentication and security. The company has 9 manufacturing facilities spread across Europe, US and Asia. Bilcares clientele includes Bristol-Myers Squibb, Dr. Reddys, GlaxoSmithKline, Johnson Johnson, Merck, Novartis, Pfizer, Ranbaxy, Sanofi-Aventis, and Teva, among others.

Bilcare's top competitors include Jubilant Life Sciences, Akums and Nectar Lifesciences.

Bilcare offers Blister Films, Blister Foils, Lidding Foils, Aluminum Foils, and Polymer Films.

Yes, Bilcare is publicly traded on BSE under the ticker symbol BI.

Bilcare has made 1 acquisition, including Singular ID.

Bilcare has 3 investors. Key investors include ISM Capital, Proventus, and Lindsay Goldberg.

The ticker symbol of Bilcare is BI on BSE.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available