pharmacy chain
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Rishabh Sharma Feb 01 2021 - 4 min readThe pharmacy business has arisen as quite possibly the most profitable segment in the healthcare industry. Experts of the healthcare industry accept the fact that India is soon becoming one of the top ten nations in terms of individual medical expenditure. Medicine spending in India is projected to grow 9-12 percent over the ...
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Vaishnavi Gupta Apr 24 2020 - 2 min readWhile the lockdown has helped the country lead the fight towards COVID, it has led to job cuts, job insecurity, a halt on hiring and no work for daily wage & contractual workers. Many people are struggling to make ends meet, while many are not able to get essential items due to scare of ...
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Vaishnavi Gupta Nov 14 2019 - 1 min readMedplus 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, ...
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Franchise India Bureau Oct 03 2019 - 1 min readMumbai-based Wellness Forever, the largest organised pharmacy chain, is aiming to triple its store count in the next three years. Presently, the company has 161 stores. Of these stores, over half are present across Mumbai, while remaining are scattered across big cities of Maharashtra, Goa and Karnataka Ashraf Biran, Co-Founder and Director, Wellness Forever, said, ...
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Franchise India Bureau Sep 19 2019 - 1 min readMedPlus, 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 ...