BLS E-Services Ltd.

BLS E-Services is planning for an acquisition in the current financial year as part of its inorganic growth strategy. The company is actively engaged with 2-3 companies. Due diligence is going on. The company has earmarked Rs 28.71 crore for the acquisition. Besides, the company is looking at organic growth by expanding its BLS Stores.

The company -- which has a tie-up with 15 banks, including State Bank of India, Bank of Baroda and HDFC Bank -- has 21,000 banking correspondent centres across the country.

BLS-E Services is a digital service provider that offers Business Correspondence services to major banks in India, Assisted E-Services, and E-Governance Services at the grassroots level in India.