medplus

  • Vaishnavi Gupta
    Vaishnavi Gupta November 14 2019 - 3 min read
    Medplus is aiming for an Initial Public Offering (IPO) to raise about Rs 700 crores. Currently, the pharmacy retail chain is operating 1,700 outlets across seven states. it targets to take the number of outlets to 3,100 by 2023 pan India, barring Jammu and Kashmir, Northeast and parts of UP Madhukar Gangadi, Promoter of MedPlus Health Services Pvt Ltd, said, We want to start the work (preparation of Draft..
  • Franchise India Bureau
    Franchise India Bureau September 19 2019 - 5 min read
    MedPlus, India's second largest pharmacy retail chain, is looking at foraying into the Mumbai market. The pharmacy chain will add around 30-40 pharmacy stores in Mumbai. MedPlus already has a presence in Pune and Nagpur. In April 2019, MedPlus raised had around Rs 200 crore from Wipro Chairman Azim Premji's family office PremjiInvest. The pharmacy chain is eyeing to open 100 stores every year. MedPlus is..
  • Franchise India Bureau
    Franchise India Bureau July 29 2015 - 5 min read
    MedPlus, a pharma retailing brand is looking at massive expansion by investing up to Rs 100 crore to open over 350 stores in Delhi and National Capital Region (NCR), taking its number of outlets to 400 by 2017-end. "We are looking to set up over 350 additional MedPlus stores in Delhi NCR by end of 2017 with an investment of up to Rs 100 crore. We already have around 40 company stores in the region," MedPlus Health..
  • Franchise India Bureau
    Franchise India Bureau July 01 2015 - 3 min read
    Pharma retailing major, MedPlus launched its online medicine portal and app to expand its reach through e-commerce. MedPlus has 106 stores in Kolkata and around with a turnover of about Rs 180 crore. National turnover of Medplus in 2014-15 was Rs 1370 crore. "During..
  • Franchise India Bureau
    Franchise India Bureau March 12 2015 - 6 min read
    MedPlus, one of the leading pharmacy retail chains of the country is looking forward to foray in Gujarat. Putting this business idea into action, the brand has launched its branded retail stores in Ahmedabad. It has plans to open 500 outlets across the state in the next two years. The stores shall..
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