When was Meril founded?

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

Where is Meril located?

Meril is headquartered in Vapi, India. It is registered at BILAKHIA HOUSE MUKTANAND MARG CHALA, VAPI, Gujarat, India, 396191.

How many employees does Meril have?

As of Jul 31, 2026, the latest employee count at Meril is 7011.

Is Meril a funded company?

Meril is a funded company, having raised a total of $310M across 2 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on Feb 22, 2022.

When was the latest funding round of Meril?

Meril's latest funding was a $***** Series C round on Jul 21, 2025, with participation from 1 investor. Its primary sector is Diversified Medical Devices. Globally, the Diversified Medical Devices sector has seen $382M in funding in 2026 to date.

What is the annual revenue of Meril?

Annual revenue of Meril is more than ₹1,000 Cr as on Mar 31, 2025

Where does Meril rank among its competitors?

Meril ranks 22nd amongst 2505 active competitors, of which 93 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Meril, which secured $99.8M in Jul, 2025.

Who are the top competitors of Meril?

Meril's top competitors include Boston Scientific, Abbott and Medtronic. Among them, Meril secured the most recent funding round in July, 2025.

Meril - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Manufacturer of medical devices including vascular intervention products, orthopedic implants, robotics, endo-surgery equipment, and diagnostic solutions. This entity designs and develops clinical technologies to address medical needs across various specialties. The operations focus on the production of surgical and diagnostic tools intended to support healthcare professionals in clinical settings. The organization maintains research and development capabilities to create medical hardware and diagnostic systems.

Website: www.merillife.com/
Social
Email ID: *****@merillife.com
Phone Number: +91 **********
Part Of
Registered Address: BILAKHIA HOUSE MUKTANAND MARG CHALA, VAPI, Gujarat, India, 396191

Key Metrics

Founded Year

2006

Location

Vapi, India

Stage

Series C

Total Funding

$310M in 2 rounds

Latest Funding Round

Series C, Jul 21, 2025, $*****

Investors

ADIA & 2 more

Ranked

22^nd among 2505 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

7,011 as on Jul 31, 2026

Similar Companies

Boston Scientific & 2521 more

View Meril's full profile

Meril is associated with 8 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MERIL ENDO SURGERY PRIVATE LIMITED CIN: U33110GJ2011PTC065366 , India, Active	May 10, 2011	₹100 - ₹500 Cr (As on Mar 31, 2025)	482 (As on May 01, 2026)
MERIL HEALTHCARE PRIVATE LIMITED CIN: U24230GJ2011PTC065022 , India, Active	Apr 19, 2011	₹1,000+ Cr (As on Mar 31, 2025)	1244 (As on May 01, 2026)
MERIL LIFE SCIENCES PRIVATE LIMITED CIN: U24239GJ2007PTC051137 , India, Active	Jun 19, 2007	₹1,000+ Cr (As on Mar 31, 2025)	1989 (As on May 01, 2026)
Meril Life Sciences Private Limited CIN: 14.549.817/0001-28 , Brazil, Active	Oct 31, 2011	₹1,000+ Cr (As on Mar 31, 2024)	-	-
MICRO LIFE SCIENCES PRIVATE LIMITED CIN: U24119GJ2006PTC048361 , India, Active	May 31, 2006	₹1,000+ Cr (As on Mar 31, 2025)	1373 (As on Mar 01, 2026)
BILAKHIA HOLDINGS PRIVATE LIMITED CIN: U67120GJ1992PTC017523 , India, Active	Apr 29, 1992	₹1,000+ Cr (As on Mar 31, 2025)	22 (As on Aug 01, 2025)
MERIL DIAGNOSTICS PRIVATE LIMITED CIN: U33110GJ2011PTC064994 , India, Active	Apr 18, 2011	₹100 - ₹500 Cr (As on Mar 31, 2025)	1013 (As on May 01, 2026)
MERIL LIFE SCIENCES INDIA PRIVATE LIMITED CIN: U33110GJ1999PTC060787 , India, Active	Jun 02, 1999	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	559 (As on May 01, 2026)

Meril has raised a total funding of $310M over 2 rounds. Its first funding round was on Feb 22, 2022. Its latest funding round was a Series C round on Jul 21, 2025 for $*****. 1 investor participated in its latest round. Meril has 3 institutional investors.

Here is the list of recent funding rounds of Meril:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 21, 2025	9310891	Series C	6778097	3607744	4555184	5131332
Feb 22, 2022	8891478	PE	4471607	8904575	3791267	Warburg Pincus

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View details of Meril's funding rounds and investors

The founders of Meril are Shahid Bilakhia, Gafurbhai M Bilakhia and Shreya Mehta. Vivek Shah is the CEO of Meril.

Here are the details of Meril's key team members:

Shahid Bilakhia: Co-Founder of Meril and founder of 1 other company.
Contact Info: 2 email addresses
Gafurbhai M Bilakhia: Co-Founder of Meril.
Contact Info: 1 email address
Shreya Mehta: Founder Member - Bigstt of Meril.
Contact Info: 1 email address
Vivek Shah: CEO of Meril.
Contact Info: 1 email address

Meril's Board of Directors

Meril's board has 6 active members. Narendra Ostawal and Rajnikant Vyas are part of team and Nanubhai Premjibhai Bambharolia, Hemchandra Yadunandan Panjikar, Dinesh Saraf and Pramodkumar Mangalsain Minocha are independent board members.

Here is the list of Meril's board of directors:

Name	Type	Representing	Status	Duration
Rajnikant Vyas	Team	-	Current	18y 11m
glfukev	Team	-	Past	7y 7m
thgntri	Investor	-	Past	6y 6m
Hemchandra Yadunandan Panjikar	Independent board member	-	Current	3y 5m
tmtkzag	Independent board member	-	Current	1y 4m
fhhvytw	Independent board member	-	Past	8y 9m
oqdsces	Independent board member	-	Past	1y 4m
cwupeaf	Independent board member	-	Past	1y 7m

View details of Meril's Founder profiles and Board Members

Meril's employee count trend

Meril has 7,011 employees as of Jul 26. Here is Meril's employee count trend over the years:

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Top competitors of Meril include Boston Scientific, Abbott and Medtronic. Here is the list of Top 10 competitors of Meril, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Boston Scientific 1979, Marlborough (United States), Public	Wide range of medical devices	-	JANA Partners, Endeavour Vision & 10 others	81/100
2nd	Abbott 1888, Libertyville (United States), Public	Developer of medical devices, generic pharmaceuticals, and nutrition products	-	MSN Laboratories, Digital Pharma Lab & 12 others	76/100
3rd	Medtronic 1949, Minneapolis (United States), Public	Manufacturer of medical devices and technologies for healthcare clinical applications	-	Greyrock Investments, Digital Pharma Lab ... & 26 others	74/100
4th	BD 1897, Franklin Lakes (United States), Public	Manufacturer and distributor of medical devices, diagnostic instruments, and laboratory equipment	-	Gershon Capital, Tekla Capital Management ... & 6 others	73/100
5th	Danaher 1969, Washington, DC (United States), Public	R&D company focused on manufacturing dental equipment for multiple therapeutic areas	-	Ventana Capital Management, Bank of America	69/100
6th	Trivitron 1997, Chennai (India), Series C	Provider of medical technology and devices for healthcare industry needs	$109M	Fidelity Investments, True North & 21 others	68/100
7th	HOYA 1941, Shinjuku (Japan), Public	Developer of a wide range of medical devices	-	-	66/100
8th	SAGE Therapeutics 1971, Boston (United States), Acquired	Developer of drug candidates for the treatment of rare CNS disorders	$106M	Foresite Capital, EcoR1 & 12 others	65/100
9th	Biorad Medisys 2007, Pune (India), Series A	Manufacturer of medical devices for orthopaedic, neurovascular, and endovascular procedures	$53.4M	InvAscent, BioMediCon & 5 others	64/100
10th	CONMED 1987, Utica (United States), Public	R&D company focused on manufacturing of surgical instruments for multiple therapeutic areas	-	Hudson River Capital Partners, J P Morgan Wealth Management ... & 2 others	64/100
22nd	Meril 2006, Vapi (India), Series C	Manufacturer of medical devices including vascular intervention products, orthopedic implants, robotics, endo-surgery equipment, and diagnostic solutions	$310M	ADIA, Warburg Pincus & 1 others	58/100