Kallik show Shadow Culture Minister how innovative AI software and private capital support led to global expansion

Coordinated by the British Private Equity and Venture Capital Association (BVCA), the Shadow Culture Minister met with the Kallik team to learn how the company has revolutionised artwork and labelling processes through Vercati, its AI-based management software. With support from FPE Capital, Kallik has expanded internationally, scaling operations to India.

FPE Capital, a leading private equity firm specialising in second-stage growth investment for software, accelerated Kallik’s growth. Since FPE Capital invested in 2019, Kallik has rapidly grown its client base, now supporting multi-billion dollar businesses in the pharmaceutical, chemical, oil and lubricants, medical device and food and beverage spaces, across the UK, Europe and United States.

Establishing itself as a market-leader, Kallik was the first to pioneer a cloud-based labelling software, called Veraciti, which helps enterprises streamline their product labelling and artwork processes using automation.

It plays an essential role in ensuring that its roster of clients, and the one billion labels it manages every year, are created in line with the latest regulations, optimised for different territories and contain the relevant, approved information required, to avoid recalls and prevent consumer risk.

Kallik recently announced a partnership with proofreading technology leaders, GlobalVision, to reinforce quality control capabilities across the most highly-regulated industries.

BVCA research shows that there are 15 private equity and venture capital backed businesses headquartered in Meriden and Solihull East, supporting over 9,300 jobs across the UK.

Commenting on the visit, Saqib Bhatti, MP for Meriden and Solihull East said:

“It was fantastic to see the work of an inspiring business in Birmingham, delivering value not only to its local community, but worldwide. It was fascinating to learn how a company which has been able to access private capital can trigger significant growth.

“Supporting local industries is a priority for me as an MP, it was helpful to hear the views of constituents and how they can continue growing in the year ahead.”

Gurdip Singh, CEO of Kallik, said:

“It was a pleasure to welcome Saqib to Kallik last week. We are immensely proud of the work we do, in helping to ensure the safety of consumers across the most highly-regulated markets, and it was great to share the impact Kallik is delivering to businesses across the globe.

“The FPE Team are great partners to our business. As part of their role on our board, they offer us direction, guidance and support and have also opened up the network to other partners and other companies within the portfolio, who we have really learnt and benefited from.”

Karim Palant, Director of External Affairs of the BVCA said:

“Kallik has shown how the support of private capital can enable significant innovation and contribute to economic growth and jobs in the West Midlands. Supporting entrepreneurs and driving innovation in the nations and regions of the UK must be prioritised to ensure the UK economy continues to grow.

“It was fantastic to have Saqib see firsthand the impact private investment can make to an ambitious business.”