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MedPlus is the second largest pharmacy chain in India, operating over 4,230+ pharmacy stores across 600 cities, as of 2024. [4] MedPlus sells prescription and OTC medicines, FMCG products, vitamins and other nutrition supplements, and opticals. [citation needed]
MedPlus is one of India's leading healthcare companies with an ever-growing number of pharmacy stores, online pharmacy, path labs and optical services.
Buy medicines online from India's favorite e-pharmacy. Buy prescription medicines, OTC products & household needs. Cash on delivery.
- Medplus - Latest News
- Medplus - About
- Medplus - Industry
- Medplus - Founders and Team
- Medplus - Mission and Vision
- Medplus - Business and Revenue Model
- Medplus - Challenges Faced
- Medplus - Funding and Investors
- Medplus - Growth
- Medplus - Competitors
December 23, 2021 - Shares of MedPlus were listed on BSE and NSE on 23rd December. They were made available at a premium of 31 per cent. But the price ended at a gain of more than 40%, which is considered a big jump for MedPlus’s debut trade. December 13, 2021 - The IPO subscription of MedPlus Healthcare Services opened on December 13. Though aggre...
MedPlus is an omnichannel pharmacy retailer offering healthcare services in India. The company sells medicines on prescriptions, FMCG products, nutritional supplements and many more. MedPlus also offers optical solutions and other medical consultation services in the country. It is based in Hyderabad and is the 2nd largest pharmacy chainin India, n...
MedPlus belongs to the Pharmaceutical Industry. The pharmaceutical industry involves dealing with research, development, marketing and sales of medicines and drugs. They aim at preventing, protecting and curing the illness. The industry also deals with medical equipment and generic medications. India’s pharma industry is huge. It is the largest sup...
MedPlus was founded by Madhukar Gangadi in 2006 in Hyderabad. He has also served as the Chief Executive Officer of the company since its inception. Gangadi has an MBA degree from the Wharton School. He also earned a bachelor's degree in medicine and surgery from the Sri Venkateshwara University. He used his experience in both healthcare and entrepr...
MedPlus runs with a missionto turn itself as the customer’s first choice when it comes to medicines and healthcare. The company wants to understand the customer’s needs and exceed their expectations as much as possible. MedPlus has the vision to bring about a revolution in the healthcare industry in India.
MedPlus is an omnichannel platform that provides services through both retail stores and online platforms. The company increased its retail stores through franchises. MedPlus first chooses an area and studies its market, demographic needs and supply chain. Then it starts expanding its retail storesin and around the area by proper planning and imple...
MedPlus faced severe challenges and criticisms at the time of establishing their online platform MedPlus Mart. The All India Organization of Chemists and Druggists (AIOCD) organized a nationwide strike against the company for starting e-pharmacies. They criticized that the chemists around the country will be severely affected by this MedPlus’s init...
MedPlus managed to raise a sum of $317.7 million through 7 rounds of funding. A total of 6 investors have invested in the company so far. Here is the company’s list of fundings:
Starting its operations in 2006, MedPlus has seen enormous growth in about one and half decades. Today, the company has widened its business to over 2100 pharmacies across 7 Indian states. It also adapted to the technological advancements and established an online platform in 2015 to ease and widen its sales to customers. MedPlus has now issued its...
MedPlus has earned quite a good competition all through its operation span of over 16 years. Few of them, like Apollo, are omnichannel competitors. In fact, Apollo stands to be the largest pharmacy retail chain in India. In addition to it, few other companies, which show promising growth and worthy competition to MedPlus, have emerged. Here are som...
Order medicines online at medplusmart.com, pick up from the nearest medplus store. Availability guaranteed. Cash on delivery.
Key Points. India’s Leading Pharmacy company [1] MedPlus Health Services is the second-largest pharmacy retailer in India in terms of revenue and number of stores. The company has 4089 stores across the states of Telangana (679 stores), Andhra Pradesh (454 stores), Karnataka (893 stores), Tamil Nadu (845 stores), West Bengal (506 stores), ...
MedPlus Health Services Limited | 30,805 followers on LinkedIn. India's Favourite Pharmacy | The first MedPlus pharmacy opened in February 2006 in Hyderabad. Today, MedPlus has 4000+...
