Meril

Vapi, India Founded: 2006 • Age: 20 yrs
Developer of medical devices for surgeries and diagnosis

About Meril

Meril is a company based in Vapi (India) founded in 2006 by Shahid Bilakhia. Meril has raised $410 million across 2 funding rounds from investors including Warburg Pincus and Abu Dhabi Investment Authority. The company has 1,584 employees. Meril offers products and services including BioMimeTM, MirusTM, and OPULENT BIONIK GOLD KNEE. Meril operates in a competitive market with competitors including GE Healthcare, Medtronic, Boston Scientific, Baxter and CONMED, among others.

Key Metrics
  • Annual Revenue
    ₹1,730 Cr

    FY 2025 · +44% YoY

  • Net Profit
    ₹425 Cr

    FY 2025 · 25% margin

  • EBITDA
    ₹646 Cr

    FY 2025 · 37% margin

  • Total Equity Funding
    $410M (USD)

    in 2 rounds

  • Latest Funding Round
    $200M (USD), Series D

    Jul 2025

  • Investors
  • Employee Count
    1,584

Products & Services of Meril

Meril offers a comprehensive portfolio of products and services, including BioMimeTM, MirusTM, and OPULENT BIONIK GOLD KNEE.

BioMimeTM
Coronary Stent

Sirolimus Eluting Coronary Stent System for vascular treatment

MirusTM
Surgical Device

Linear cutter for surgical procedures with varied tissue options

OPULENT BIONIK GOLD KNEE
Orthopedic Implant

Knee replacement implant with durable, biocompatible coating

Apps and channels of Meril

its YouTube channel Meril has 1.61K subscribers and 30 videos.

Meril
YouTube 1.61K subscribers 30 videos Science & Technology
Open channel

Videos from Meril

The most watched videos on Meril's YouTube channel, Meril (1.61K subscribers). Click a video to play it here.

Celebrating the Golden Years - A Tribute on Senior Citizens Day
3.2M views
India’s most awaited Transcatheter Edge to Edge Repair (TEER) system is here!
489.7K views
Restoring Life, One Beat at a Time | Myclip Launch
461.7K views
Presenting MyClip™ – India’s First TEER System is Here
404.9K views

More on Meril.

Funding Insights of Meril

Meril has successfully raised a total of $410M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $200 million completed in July 2025. 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 $410M
  • Total Rounds 2
  • Last Round Series D — $200M
  • First Round $210M

    (Feb 2022)

  • Investors Count 2

All 2 funding rounds of Meril with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2025$200MSeries D––
Feb 2022$210MPrivate Equity Round––
Valuation history

2 investors in total: 2 institutional.

Investors in Meril

Meril has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Warburg Pincus and Abu Dhabi Investment Authority.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Multi-stage private equity investments are pursued across diverse sectors.
1966warburgpincus.comNew York, United States
Long-term value is created through diversified sovereign wealth investments.
–adia.aeAbu Dhabi, United Arab Emirates
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Investor details for Meril

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Board of directors of Meril Life Sciences Private Limited (Meril)

Meril Life Sciences Private Limited is the primary company behind Meril. The boards of the 6 registered companies of Meril currently have 13 directors; the longest-serving is Anjum Gafulbhai Bilakhia, appointed in 2000. 39 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Anjum Gafulbhai Bilakhia
DIN 00171014
Director03 Oct 200026 yrsBilakhia Holdings Private Limited
Yunus Gafulbhai Bilakhia
DIN 00170981
Director03 Oct 200026 yrsBilakhia Holdings Private Limited
Jakir Gafulbhai Bilakhia
DIN 00171071
Director01 Sep 200521 yrs 1 moBilakhia Holdings Private Limited
Pramodkumar Minocha
DIN 00090060
Whole-time director31 May 200620 yrs 4 moMicro Life Sciences Private Limited, Meril Healthcare Private Limited, Meril Diagnostics Private Limited
Nanubhai Premjibhai Bambharolia
DIN 00089481
Whole-time director19 Jun 200719 yrs 3 moMeril Life Sciences Private Limited
Rajnikant Gandalal Vyas
DIN 00837447
Whole-time director20 Oct 201015 yrs 11 moMeril Life Sciences Private Limited, Meril Diagnostics Private Limited, Meril Endo Surgery Private Limited
Utpalkumar Devendrakumar Thakor
DIN 03463537
Director16 Feb 20206 yrs 7 moMeril Healthcare Private Limited
Vivek Prafulbhai Shah
DIN 03106944
Whole-time director13 May 20215 yrs 5 moMicro Life Sciences Private Limited
Dinesh Saraf
DIN 07256700
Whole-time director01 Jan 20224 yrs 9 moMicro Life Sciences Private Limited
Hemchandra Yadunandan Panjikar
DIN 07230533
Director11 Mar 20233 yrs 7 moMeril Life Sciences Private Limited, Meril Endo Surgery Private Limited
Narendra Ostawal
DIN 06530414
Director15 Feb 20242 yrs 7 moMicro Life Sciences Private Limited
Lekhendra Nath Chaturvedi
DIN 10359859
Director01 Sep 20242 yrs 1 moBilakhia Holdings Private Limited
Navinchandra Paragji Patel
DIN 00175989
Director01 Sep 20242 yrs 1 moBilakhia Holdings Private Limited

People of Meril

2 people are tracked at Meril (2 in leadership); the tracked headcount is 1,584.

NameRoleGroup
Shahid Bilakhia
FounderLeadership
CEOLeadership
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Complete people profiles for Meril

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Financials of Meril

Figures of Meril Life Sciences Private Limited, the primary company behind Meril, for FY 2025. Revenue was ₹1,730 Cr (+44% year on year). Net profit was ₹425 Cr (25% margin). EBITDA was ₹646 Cr (37% margin). Revenue has grown at a compounded annual rate of +52% over three years and +32% over five years.

  • ₹1,730 CrRevenue · FY 2025 · +44% YoY
  • ₹425 CrNet profit · 25% margin
  • ₹646 CrEBITDA · 37% margin
  • ₹99.36 CrPaid-up capital
  • 1,584Employees (provident fund records)
  • +52%Revenue CAGR, 3 years
  • +32%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Meril Life Sciences Private Limited are on its company page.

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Detailed financial statements for Meril

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

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  • Downloads

Verified entity values are shown only after access is granted.

Timeline of Meril

3 dated milestones of Meril across 19 years, from founding to its latest funding, stage changes and deals.

  1. Founded Meril is founded.
  2. Funding First funding round of $210.0M.
  3. Funding Latest funding round, Series D, of $200.0M.

Competitors of Meril

Meril 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 GE Healthcare, Medtronic, Boston Scientific, Baxter and CONMED, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
gehealthcare.com1892Chicago, United States$29.13M16,700
Materials management solutions are provided for healthcare organizations.
medtronic.com1949Minneapolis, United States–1,114
Medical equipment for treating over 30 chronic diseases is developed.
bostonscientific.com1979Marlborough, United States–63,359
Wide range of medical devices
baxter.com1931Deerfield, United States–13
Biosciences, medication delivery, and renal products are developed and marketed.
conmed.com1987Utica, United States–4,100
Surgical instruments are manufactured for multiple therapeutic areas.
jnj.com1886New Brunswick, United States–214
Healthcare solutions are provided by Johnson & Johnson globally.
commure.com2016San Francisco, United States$753.3M316
Complex healthcare challenges are addressed through technology solutions by Commure.
hologic.com1985Marlborough, United States–6,705
Diagnostic and surgical products for women's healthcare are provided.
coherent.com1966Santa Clara, United States––
Laser-based and photonics products are manufactured for multiple applications.
danaher.com1969––63,000
Dental equipment and medical instruments are manufactured for therapeutic areas.
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Detailed competitors of Meril

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Web traffic of Meril

The website of Meril (merillife.com) receives about 81.5K visits a month.

  • Monthly visits
    81.5K

    ▲ 17.2% vs previous month

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
dirmed.ru
100%
–#11,999,988View details
olsc.ca
olsc.ca
94%
–––
analitikamed.ru
analitikamed.ru
92%
–#713,136–
polymedicure.com
90%
22.1K#1,105,450View details
hmdhealthcare.com
90%
41.9K#849,250View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 40 similar websites and full traffic analytics for Meril

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Verified entity values are shown only after access is granted.

Latest news on Meril

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Complete news archive for Meril

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Verified entity values are shown only after access is granted.

Similar companies to Meril

10 companies that operate in the same segment as Meril (Diversified Medical Devices), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Medical equipment for treating over 30 chronic diseases is developed.
1949Minneapolis, Minnesota, United States–USD 36.36 B95,000
Wide range of medical devices
1979Marlborough, Massachusetts, United States–USD 20.07 B53,000
Healthcare solutions are provided by Johnson & Johnson globally.
1886New Brunswick, New Jersey, United States–USD 94.18 B139,800
Diagnostic and surgical products for women's healthcare are provided.
1985Marlborough, Massachusetts, United States–USD 4.1 B7,060
Developer of drug candidates for the treatment of rare CNS disorders
1971Boston, Massachusetts, United StatesUSD 105.8 M–487
Surgical instruments are manufactured for multiple therapeutic areas.
1987Utica, New York, United States–USD 1.37 B3,900
A wide range of medical devices is developed by HOYA.
1941Tokyo, Tokyo, Japan–USD 5.94 B37,910
Medical devices for cardiac and neuromodulation therapies are manufactured globally.
1976Saint Paul, Minnesota, United States–––
Complex healthcare challenges are addressed through technology solutions by Commure.
2016San Francisco, California, United StatesUSD 823.3 M–316
Provider of medical devices for emergency medicine and various health conditions
1943Wayne, United States–USD 1.99 B14,100
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Frequently Asked Questions about Meril

Meril was founded in 2006 and raised its 1st funding round 16 years after it was founded.

Meril is headquartered in Vapi, India. It is registered at Vapi, Gujarat, India.

Vivek Shah is the current CEO of Meril.

Meril is a funded company, having raised a total of $410M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $210M, raised on Feb 2022.

Meril has 1,584 employees.

The primary company behind Meril, Meril Life Sciences Private Limited, reported revenue of ₹1,730 Cr for FY 2025, up 44% year on year.

Developer of medical devices for surgeries and diagnosis. The company manufactures medical solutions in the form of vascular intervention devices, orthopedic implants, robotics, endo-surgery, ENT products, and in-vitro diagnostics.

Meril's top competitors include GE Healthcare, Medtronic and Boston Scientific.

Meril offers BioMimeTM, MirusTM, and OPULENT BIONIK GOLD KNEE.

Meril has 2 investors. Key investors include Warburg Pincus, and Abu Dhabi Investment Authority.

Meril is associated with 6 legal entities: Meril Life Sciences Private Limited, Micro Life Sciences Private Limited, Meril Healthcare Private Limited and others.

The legal entities of Meril currently have 19 directors, including Vivek Prafulbhai Shah, Pramodkumar Minocha, Alpesh Mansukhlal Chaniyara and others.

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