
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 βΉ404 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
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’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
- 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
- InvestorsState Bank of India
& 40 more
- Employee Count397
- Investments & AcquisitionsSaptagiripackaging
& 1 more
Associated legal entities of Canpac
Canpac operates through Canpac Trends Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Canpac Trends Private Limited CIN U67200GJ2004PTC044593 | Active | 12 Aug 2004 | Ahmedabad, Gujarat | ₹404 Cr | 437 | 9 | View details |
Products & Services of Canpac
Canpac offers a comprehensive portfolio of products and services, including Folding Cartons and Corrugated Cartons.
Folding cartons are supplied for various packaging needs across industries.
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.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2023 | $46.79M | Series B | β | Investcorp | |
| Sep 2021 | $2.42M | Series A | $51M | Edutest Solutions | |
| Mar 2021 | $8.23M | Series A | $34.38M | JM Financial Private Equity | β |
| Jul 2016 | $1.7M | Angel Round | $β’β’β’β’β’ | Raag Todi | |
| Feb 2015 | $129,620 | Angel Round | $β’β’β’β’β’ | Sumit Bhagchandani | |
| Dec 2013 | $183,827 | Seed | $β’β’β’β’β’ | Chardham Comfort, Sensation Fabric | β |
| Mar 2013 | $178,209 | Seed | $β’β’β’β’β’ | Parin Infrastructure | |
| Jan 2012 | $451,167 | Seed | $β’β’β’β’β’ | Vidhi Marketing, Zeelen Infrastructure | |
| Mar 2011 | $638,798 | Seed | $β’β’β’β’β’ | Samvit Marketing | |
| Aug 2009 | Angel Round | β | β |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2021 | $51M | β’β’β’β’β’β’β’β’ |
| Mar 2021 | $34.38M | β’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’ |
Full valuation and stage history of Canpac
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity, real estate, and credit investments are managed globally. | investcorp.com | New York, United States | ||
Growth-equity focused private firm investing in SMEs | 2006 | jmfpe.com | Mumbai, 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.mode | Ahmedabad, India | ||
Investments in multiple sectors are managed by K S Tradeinfra. | kstradeinfra.tcc.mode | Ahmedabad, India | ||
Multiple sectors are targeted for private equity investments. | njpentradeinternational.tcc.mode | Ahmedabad, India | ||
Private equity firm focused on multiple sectors | parininfrastructure.tcc.mode | Ahmedabad, India | ||
Private equity investments are directed toward multiple sectors. | jayshreeprocon.tcc.mode | Ahmedabad, India | ||
Investments in multiple sectors are managed by Vidhi Marketing. | vidhimarketing.tcc.mode | Ahmedabad, India |
Investor details for Canpac
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Preeti Nilesh Todi DIN 02581777 | Director | 25 Mar 2009 | 17 yrs 7 mo | Canpac Trends Private Limited |
| Nilesh Kumar Todi DIN 02581889 | Managing Director | 25 Mar 2009 | 17 yrs 7 mo | Canpac Trends Private Limited |
| Vinit Janardan Rai DIN 02638343 | Nominee Director | 25 Mar 2021 | 5 yrs 7 mo | Canpac Trends Private Limited |
| Raag Nilesh Todi DIN 07403993 | Director | 25 Mar 2021 | 5 yrs 7 mo | Canpac Trends Private Limited |
| Gaurav Sharma DIN 03311656 | Director | 12 Jan 2024 | 2 yrs 9 mo | Canpac Trends Private Limited |
| Anshuman Goenka DIN 02276712 | Director | 12 Jan 2024 | 2 yrs 9 mo | Canpac Trends Private Limited |
| Naina Tejwani DIN 11574590 | Company Secretary | 01 Aug 2025 | 1 yr 2 mo | Canpac Trends Private Limited |
People of Canpac
3 people are tracked at Canpac (1 in leadership, 2 in team); the tracked headcount is 397.
| Name | Role | Group |
|---|---|---|
| Founder & Managing Director | Leadership | |
Arghya Roy Chowdhury | Quality Control Executive | Team |
Saravana Kumar | Quality Assurance Manager | Team |
Complete people profiles for Canpac
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
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.
Detailed financial statements for Canpac
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Canpac
Canpac has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Saptagiripackaging and Veritech.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Multiple industries are operated across by Veritech conglomerate. | veritech.in | Noida, India | 1992 | Aug 2025 | β’β’β’β’ | |
High-quality printed packaging solutions are manufactured for diverse sectors. | saptagiripackaging.com | India | 0 | Jan 2025 | β’β’β’β’ |
Complete acquisition details for Canpac
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- 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.
- Founded Canpac is founded.
- Funding First funding round of $140K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $46.8M.
- Acquisition Acquires Saptagiripackaging.
- Acquisition Acquires Veritech.
Web traffic of Canpac
The website of Canpac (canpac.in) receives about 1.8K visits a month.
- Monthly visits1.8K
▲ 67.3% vs previous month
Websites whose visitors overlap most with Canpac. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| reeflexpackaging.com | 100% | View details | |||
| praspack.com | 99% | #12,120,263 | View details | ||
aavjoplastic.com | aavjoplastic.com | 92% | #10,006,901 | β |
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Related news about Canpac
Complete news archive for Canpac
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- Full article archive
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Verified entity values are shown only after access is granted.
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 βΉ404 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.
