C Balagopal recently retired from Terumo Penpol Ltd., the company he founded 28 years ago, post his 6 years successful stint as Indian Administrative Service officer in states like Manipur and Kerala. Today, Terumo Penpol operates the largest blood bag manufacturing facility in the world. In 2013, he sold his shareholding to Terumo Corp., Japan after a successful partnership with them spanning 14 years. TPL is today respected for the quality of its life saving products which are sold in more than 50 countries across the globe, and dominates the market in India.
Balagopal now divides his time between mentoring and investing in startup ventures, especially those engaged in healthcare, community development activities, and writing. Currently he is the Charter Member and first President of TiE Kerala. He also serves on the ethics committee of Rajiv Gandhi Center for Biotechnology. C Balagopal is also mentor to Medical Technology Business Incubator, SCTIMST.