Who is founder of MedPlus?

Madhukar Gangadi
MedPlus

Type Public
Founded Hyderabad, 2006
Founder Madhukar Gangadi
Headquarters Hyderabad , India
Number of locations 2,000 (2015)

Who owns MedPlus India?

MedPlus was founded by Madhukar Gangadi. The private equity investors were US-based Mount Kellett Capital Management Lp, TVS Capital Funds Ltd and Ajay Piramal’s India Venture Advisors Pvt. Ltd. The three investors together held a 69% stake in MedPlus.

Is MedPlus a public company?

The company was converted from a private limited company to a public limited company pursuant to a special resolution passed by the Shareholders at the extraordinary general meeting held on 01 June 2021 and the name of the company was changed to MedPlus Health Services Limited on 28 June 2021.

What is the cost of MedPlus franchise?

Rs 17.50 lakhs to 20 lakhs
Total expenditure expected to set up a MedPlus Franchise is of Rs 17.50 lakhs to 20 lakhs varying from the location and the size and condition of the premises.

Is MedPlus Mart Safe?

Shopping at MedPlusMart.com is Safe & Secure. MedPlus is one of India’s most trusted pharmacies with over 3.5 lakh customers served daily.

Who is the largest pharmacy chain in India?

Apollo Pharmacy
Apollo Pharmacy, founded in 1983 by Dr. Prathap C. Reddy, is a part of Apollo Hospitals – Asia’s largest healthcare group. It is India’s first and largest branded pharmacy network, with over 3500 outlets in about 400 cities in key locations.

How many MedPlus shops are there in India?

With over 1800 pharmacy stores and omni-channel service, MedPlus is trusted by over 3 lakh customers daily across 7 states in India.

Is MedPlus a listed company?

Getty Images Medplus Health Services stock got listed on the exchanges today. New Delhi: Pharmacy retailer Medplus Health Services made a strong debut on the bourses as the scrip was listed at Rs 1,040 on NSE, a premium of 30.65 per cent, over its issue price of Rs 796. On BSE, the counter listed at Rs 1,015.