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Tag: BLS International Services Ltd

  • Pallavi Mohan joins BLS International as corp comm head (global)

    Pallavi Mohan joins BLS International as corp comm head (global)

    Mumbai: Pallavi Mohan a seasoned communications professional has joined BLS International, a globally renowned tech-enabled services provider as the corporate communications head (global), heralding a new era of strategic communication for the organisation. Pallavi will be now driving the overall communications for the company for India and international markets.

    Pallavi Mohan on her LinkedIn shared “I am delighted to share that I have assumed the position of Corporate Communications Head (Global) at BLS International. This transition marks a pivotal moment as I venture into a new sector, brimming with distinctive opportunities and challenges to explore, alongside the expansive scope of the business. I am eagerly looking forward to this exciting journey ahead”

    Pallavi Mohan is a seasoned professional with over 20 years of international experience in marketing and communications (MARCOM). Holding an MBA in Marketing & IT from India and an MS in Digital Marketing from New York, USA, Pallavi’s academic prowess is matched only by her extensive practical knowledge. Her illustrious career includes teaching engagements at the prestigious Indian Institute of Mass Communication (IIMC).

    With a comprehensive background encompassing social digital marketing, international events, business operations, corporate communication, public relations, and corporate social responsibility, Pallavi brings a wealth of experience in digital marketing, PR, and corporate communications. Pallavi’s journey through esteemed organizations such as Samsung Electronics, DLF Limited, Café Coffee Day, and Target (New York, USA), among others, has been marked by numerous accolades and milestones. Having worked across five countries, her global exposure enriches her understanding of diverse market dynamics.

    With over 17 years of experience, BLS International has established itself as a reliable partner for governments and citizens worldwide. They have been offering a wide range of services to facilitate seamless and secure travel, visa, passport, and consular services for millions of people every year. They are operational in over 60 countries with 200 plus offices worldwide.

    BLS is working towards strengthening its offerings and expanding its presence in new markets through new acquisitions. With the increase in travel and the adoption of digital solutions, there has been a surge in demand for travel-related technology services. As more people are traveling internationally, the need for visa services has increased. The company now has an extensive network of more than 27,000 centres globally with a robust strength of over 20,000 employees and associates that provides consular, biometric, and citizen services. BLS has processed over 62 million applications to date globally.

  • BLS International FZE signs definitive agreement to fully acquire iDATA

    BLS International FZE signs definitive agreement to fully acquire iDATA

    Mumbai: BLS International Services Ltd (BLS), a global tech-enabled services partner for governments and citizens announced that it has entered into a definitive Share Purchase Agreement through its wholly owned subsidiary BLS International FZE, UAE, to acquire a 100 per cent stake in iData Danismanlik Ve Hizmet Dis Ticaret Anonim Sirketi (“iDATA”) and its wholly owned subsidiaries for an Enterprise Value of Euro 50 Million (Rs 450 Crores) and additional milestones based payments. iDATA, a prominent player based in Turkey, specializes in Visa and Consular Services, making it a strategic addition to BLS’s expanding portfolio.

    Incorporated in Turkey, iDATA provides comprehensive visa applications and consular services to various governments. The company currently operates more than 37 Visa Application Centres (VAC) across 15 countries, serving diplomatic missions in Germany, Italy, and the Czech Republic. Notably, iDATA has been the exclusive provider of Visa & Consular Services to the Italy Diplomatic mission since 2006 and the German Government since 2012 in certain geographies. As per the audited consolidated financials for the calendar year 2022, iDATA achieved revenues of EURO 19.9 million (Rs 180 Crores) and EBITDA of EURO 10.4 million (Rs 94 Crores).

    The acquisition would be funded mainly through our internal accruals. Further, the transaction will be EPS accretive from day one and is anticipated to be completed in the current financial year, subject to Government & Regulatory approvals.

    PricewaterhouseCoopers (PwC), Turkey, and Lagrange Point Advisors LLP, Mumbai jointly acted as transaction advisors to BLS on this transaction.

    BLS International Services joint managing director Ltd Shikhar Aggarwal said, “We are thrilled to announce the acquisition of iDATA and its subsidiaries, marking a significant milestone in BLS International’s journey. This strategic move underscores our commitment to becoming a global leader in tech-enabled services for Governments and citizens. This acquisition not only expands our operational footprint but also reinforces our dedication to fostering enduring relationships with Governments.

    We look forward to the completion of this transaction, which will further exemplify our core values of reliability, transparency, and efficiency while supporting the essential functions of Governments across the world.” he added.