Shriram Veritech Solutions Pvt. Ltd.

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Shriram Veritech Solutions Pvt. Ltd. - overview

Established

1992

Location

Greater Noida, Uttar Pradesh, India

Primary Industry

Packaging

About

Based in India, Shriram Veritech Solutions Pvt. Ltd. specializes in anti-counterfeiting and brand protection solutions, offering innovative products and services that enhance security and optimize supply chain management. Established in 1992, Shriram Veritech Solutions Pvt.


Ltd. is headquartered in Greater Noida, India. The company focuses on providing anti-counterfeiting and brand protection products and services. In August 2025, Canpac Trends Pvt Ltd.


, a portfolio company of Pronexus B. V. , JM Financial, and Investcorp, acquired Shriram Veritech Solutions Pvt. Ltd.


Financial terms of the transaction were not disclosed. Veritech specializes in comprehensive anti-counterfeiting and brand protection solutions through a range of innovative products, including high-security holograms, transfer foils, security labels, tamper-evident seals, shrink sleeves, and aluminum foils. These products cater to industries such as pharmaceuticals, consumer electronics, and FMCG, addressing issues like product authenticity and tampering. Additionally, Veritech offers digital solutions encompassing digital authentication, track and trace capabilities, loyalty management, and warehouse management, serving over 3,500 global brands across more than 50 countries.


Veritech generates revenue through direct B2B transactions by providing specialized solutions to companies aimed at protecting their brands from counterfeiting and fraud. The revenue structure is based on the sale of products and services, including customized packaging solutions and digital security features. Clients engage with Veritech through various transactional arrangements, emphasizing long-lasting relationships and trust, with revenue derived from both one-time purchases and long-term contracts. Following the acquisition by Canpac Trends Pvt Ltd.


In August 2025, Canpac Trends Pvt Ltd. , a portfolio company of Pronexus B. V. , JM Financial, and Investcorp, acquired Shriram Veritech Solutions Pvt.


Ltd. Financial terms of the transaction were not disclosed. Shriram Veritech Solutions Pvt. Ltd.


is set to expand its product portfolio to include labels and anti-counterfeiting products. This strategic move aims to consolidate the fragmented packaging market, with the acquisition aligning with Canpac's growth objectives. Plans for future product launches and market expansions have not been specified, but the acquisition indicates a focus on enhancing the overall capabilities of the combined entity.


Current Investors

Canpac Trends Pvt Ltd.

Primary Industry

Packaging

Sub Industries

Packaging

Website

www.veritech.in/

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

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