Who owns MedPlus?
Who owns MedPlus?
Madhukar Gangadi
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 app 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.
How many MedPlus 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.
Where is MedPlus head office?
Hyderabad, IndiaMedPlus / Headquarters
Who is the CEO of MedPlus?
Madhukar Gangadi (Feb 2006–)MedPlus / CEO
How old is MedPlus?
MedPlus was founded in 2006 by Madhukar Gangadi. The company’s first store was launched in Hyderabad. Initially operating under the Aushadhi brand name, it was rebranded as MedPlus after the opening of the first 48 stores.
How long does MedPlus take to deliver?
2-hour delivery capability. With our wholly-managed and operated last-mile delivery infrastructure from our stores, we were able to deliver our customers’ online purchases within two hours of purchase, in select cities.
Which is best MedPlus or Apollo Pharmacy?
Apollo Pharmacy is most highly rated for Job security and advancement and Medplus Pharmacy is most highly rated for Culture….Overall Rating.
| Overall Rating | 3.8 | 3.5 |
|---|---|---|
| Job security and advancement | 3.7 | 3.1 |
| Management | 3.6 | 3.2 |
| Culture | 3.6 | 3.3 |
Is MedPlus a startup company?
MedPlus was established in 2006 by Madhukar Gangadi. Here, in this article, is the formation and growth of MedPlus along with its funding history, business and revenue models….MedPlus – Company Highlights.
| Name of the Company | MedPlus |
|---|---|
| Headquarters | Hyderabad, India |
| Industry | Pharmacy |
| Founder | Madhukar Gangadi |
| Founded | 2006 |
Is MedPlus profitable?
MedPlus reported a profit of Rs 63.11 crore for FY21, up from just Rs 1.79 crore in FY20. Revenue during the period increased to Rs 3,069.26 crore from Rs 2,870.6 crore. For the period ended on September 30, 2021, the company reported a total revenue of Rs 1,890.9 crore with a net profit of Rs 66.36 crore.
Does MedPlus have cash on delivery?
At Medplusmart.com we have multiple payment options available for the customers. Customers can choose to pay through Debit/Credit/Net Banking/Wallets at the time of creating orders. We also have COD option available for selected locations.
