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Visa consultancy firm BLS International crosses $1 bn in market cap

Delhi-based company says its business gained after countries eased travel restrictions for Covid-19

Tour operators worried as e-visa becomes expensive with 60% hike
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The company recorded 87 per cent year-over-year growth in the operating revenue in Q2 of FY22

BS Reporter New Delhi
BLS International, which provides technology and consulting for visa and government services, said on Thursday it has crossed $1 billion in market cap, fueled by its digital division and new contracts in Q2 of Financial Year 2022-23 (FY23).

The Delhi-based company said that the recovery of its visa and consular business and new contracts led to revenue growth in Q2. The company recorded 87 per cent year-over-year growth in the operating revenue in Q2 of FY22.

Founded in 2005, the company offers services to governments and embassies around the world. Its offerings include tech-enabled services for visa, passport, consular, citizen,

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