Canpac

Ahmedabad, India Founded: 2004 • Age: 22 yrs Minicorn
Printing and packaging solutions are provided for diverse industries.

About Canpac

Canpac is a company based in Ahmedabad (India) founded in 2004 by Nilesh Todi. Printing and packaging solutions are provided for diverse industries. Canpac has raised $61.47 million across 12 funding rounds from investors including State Bank of India, JM Financial Private Equity and Edutest Solutions. The company has 397 employees. Canpac has completed 2 acquisitions, including Saptagiripackaging and Veritech. Canpac was last valued at $51 million in September 2021. Its Indian entity Canpac Trends Private Limited reported revenue of β‚Ή404 Cr. Canpac offers products and services including Folding Cartons and Corrugated Cartons.

Company details

Canpac was established in 2004 in Ahmedabad, India, as a provider of printing and packaging solutions within the manufacturing sector. A range of products is offered, including corrugated cartons in single, double, and triple wall variants, duplex printed cartons, flexible laminate pouches, paper bags, and rigid boxes. Operations serve clients across multiple industries, such as food, retail, and consumer goods, with examples including ITC, Amul, HM, and Tesco.

  • Headquarters Ahmedabad, India
  • Employees 397
  • Founders Nilesh Todi
  • Stage Minicorn
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website canpac.in
  • Social LinkedIn Facebook Instagram
  • Legal Name Canpac Trends Private Limited
  • Date of Incorporation 12 Aug, 2004
  • Jurisdiction Ahmedabad, Gujarat, India
Key Metrics
  • Annual Revenue
    ₹404 Cr

    FY 2025 · +21% YoY

  • Net Profit
    ₹14.49 Cr

    FY 2025 · 4% margin

  • EBITDA
    ₹62.69 Cr

    FY 2025 · 16% margin

  • Total Equity Funding
    $61.47M (USD)

    in 12 rounds

  • Latest Funding Round
    $46.79M (USD), Series B

    Dec 2023

  • Investors
  • Employee Count
    397
  • Investments & Acquisitions

Products & Services of Canpac

Canpac offers a comprehensive portfolio of products and services, including Folding Cartons and Corrugated Cartons.

Folding Cartons
Packaging Products

Folding cartons are supplied for various packaging needs across industries.

Corrugated Cartons
Packaging Products

Corrugated cartons are provided for protective and durable packaging solutions.

Funding Insights of Canpac

Canpac has successfully raised a total of $61.47M across 12 strategic funding rounds. The most recent funding activity was a Series B round of $46.79 million completed in December 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $61.47M
  • Total Rounds 12
  • Last Round Series B β€” $46.79M
  • First Round $140,418

    (Mar 2007)

  • Investors Count 41

Latest 10 of 12 funding rounds of Canpac with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2023$46.79MSeries B–Investcorp
Sep 2021$2.42MSeries A$51MEdutest Solutions
Mar 2021$8.23MSeries A$34.38MJM Financial Private Equity
–
Jul 2016$1.7MAngel Round$β€’β€’β€’β€’β€’Raag Todi
Feb 2015$129,620Angel Round$β€’β€’β€’β€’β€’Sumit Bhagchandani
Dec 2013$183,827Seed$β€’β€’β€’β€’β€’Chardham Comfort, Sensation Fabric
–
Mar 2013$178,209Seed$β€’β€’β€’β€’β€’Parin Infrastructure
Jan 2012$451,167Seed$β€’β€’β€’β€’β€’Vidhi Marketing, Zeelen Infrastructure
Mar 2011$638,798Seed$β€’β€’β€’β€’β€’Samvit Marketing
Aug 2009Angel Round––
Valuation history
DateValuationStage
Sep 2021$51Mβ€’β€’β€’β€’β€’β€’β€’β€’
Mar 2021$34.38Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jul 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Feb 2015$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Dec 2013$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Mar 2013$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jan 2012$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Mar 2011$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Canpac

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Last known valuation $51M (Sep 2021). 41 investors in total: 25 institutional and 16 angel.

Investors in Canpac

Canpac has secured backing from 41 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include State Bank of India, JM Financial Private Equity and Edutest Solutions.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Private equity, real estate, and credit investments are managed globally.
investcorp.comNew York, United States
Growth-equity focused private firm investing in SMEs
2006jmfpe.comMumbai, India
Private equity firm focused on multiple sectors
chardhamcomfort.tcc.mode
Private equity firm focused on multiple sectors
sensationfabric.tcc.mode
Private equity investments are managed across multiple sectors.
vidishatradelink.tcc.modeAhmedabad, India
Investments in multiple sectors are managed by K S Tradeinfra.
kstradeinfra.tcc.modeAhmedabad, India
Multiple sectors are targeted for private equity investments.
njpentradeinternational.tcc.modeAhmedabad, India
Private equity firm focused on multiple sectors
parininfrastructure.tcc.modeAhmedabad, India
Private equity investments are directed toward multiple sectors.
jayshreeprocon.tcc.modeAhmedabad, India
Investments in multiple sectors are managed by Vidhi Marketing.
vidhimarketing.tcc.modeAhmedabad, India
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Investor details for Canpac

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Verified entity values are shown only after access is granted.

Board of directors of Canpac Trends Private Limited (Canpac)

Canpac Trends Private Limited is the primary company behind Canpac. The board of Canpac Trends Private Limited currently have 7 directors; the longest-serving is Preeti Nilesh Todi, appointed in 2009. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Preeti Nilesh Todi
DIN 02581777
Director25 Mar 200917 yrs 7 moCanpac Trends Private Limited
Nilesh Kumar Todi
DIN 02581889
Managing Director25 Mar 200917 yrs 7 moCanpac Trends Private Limited
Vinit Janardan Rai
DIN 02638343
Nominee Director25 Mar 20215 yrs 7 moCanpac Trends Private Limited
Raag Nilesh Todi
DIN 07403993
Director25 Mar 20215 yrs 7 moCanpac Trends Private Limited
Gaurav Sharma
DIN 03311656
Director12 Jan 20242 yrs 9 moCanpac Trends Private Limited
Anshuman Goenka
DIN 02276712
Director12 Jan 20242 yrs 9 moCanpac Trends Private Limited
Naina Tejwani
DIN 11574590
Company Secretary01 Aug 20251 yr 2 moCanpac Trends Private Limited

People of Canpac

3 people are tracked at Canpac (1 in leadership, 2 in team); the tracked headcount is 397.

NameRoleGroup
Founder & Managing DirectorLeadership
Arghya Roy Chowdhury
Quality Control ExecutiveTeam
Saravana Kumar
Quality Assurance ManagerTeam
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Financials of Canpac

Figures of Canpac Trends Private Limited, the primary company behind Canpac, for FY 2025. Revenue was ₹404 Cr (+21% year on year). Net profit was ₹14.49 Cr (4% margin). EBITDA was ₹62.69 Cr (16% margin).

  • ₹404 CrRevenue · FY 2025 · +21% YoY
  • ₹14.49 CrNet profit · 4% margin
  • ₹62.69 CrEBITDA · 16% margin
  • ₹10.67 CrPaid-up capital
  • 437Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Canpac Trends Private Limited are on its company page.

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Detailed financial statements for Canpac

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Investments & Acquisitions by Canpac

Canpac has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Saptagiripackaging and Veritech.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Multiple industries are operated across by Veritech conglomerate.
veritech.inNoida, India1992Aug 2025β€’β€’β€’β€’
High-quality printed packaging solutions are manufactured for diverse sectors.
saptagiripackaging.comIndia0Jan 2025β€’β€’β€’β€’
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Complete acquisition details for Canpac

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  • Deal sources
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  • Exports

Verified entity values are shown only after access is granted.

Timeline of Canpac

6 dated milestones of Canpac across 21 years, from founding to its latest funding, stage changes and deals.

  1. Founded Canpac is founded.
  2. Funding First funding round of $140K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series B, of $46.8M.
  5. Acquisition Acquires Saptagiripackaging.
  6. Acquisition Acquires Veritech.

Web traffic of Canpac

The website of Canpac (canpac.in) receives about 1.8K visits a month.

  • Monthly visits
    1.8K

    ▲ 67.3% vs previous month

Similar websites

Websites whose visitors overlap most with Canpac. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
reeflexpackaging.com
100%
View details
praspack.com
99%
#12,120,263View details
aavjoplastic.com
aavjoplastic.com
92%
#10,006,901–
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Related news about Canpac

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Frequently Asked Questions about Canpac

Canpac was founded in 2004 and raised its 1st funding round 3 years after it was founded.

Canpac is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Canpac is a funded company, having raised a total of $61.47M across 12 funding rounds to date.

Canpac has 397 employees.

The primary company behind Canpac, Canpac Trends Private Limited, reported revenue of β‚Ή404 Cr for FY 2025, up 21% year on year.

Canpac was established in 2004 in Ahmedabad, India, as a provider of printing and packaging solutions within the manufacturing sector. A range of products is offered, including corrugated cartons in single, double, and triple wall variants, duplex printed cartons, flexible laminate pouches, paper bags, and rigid boxes. Operations serve clients across multiple industries, such as food, retail, and consumer goods, with examples including ITC, Amul, HM, and Tesco.

Canpac offers Folding Cartons and Corrugated Cartons.

Canpac has made 2 acquisitions, including Saptagiripackaging, and Veritech.

Canpac has 41 investors. Key investors include State Bank of India, JM Financial Private Equity, Edutest Solutions, Investcorp, and Arihant Patni.

The valuation of Canpac is $51M as of Sep 2021.

Canpac operates through Canpac Trends Private Limited.

The legal entities of Canpac currently have 8 directors, including Vinit Janardan Rai, Kruti Bajaj, Gaurav Sharma and others.

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