MedPlus: Transforming Pharmacy Retail in India...!!!

MedPlus Health Services Ltd., established by Madhukar Gangadi in 2006, stands as a prominent pharmacy retail chain in India. Based in Hyderabad, Telangana, MedPlus has rapidly expanded to become the second largest pharmacy chain in the nation. The company's mission is to deliver affordable and high-quality healthcare products and services to millions across India.

MedPlus Network

As of February 2024, MedPlus operates over 4,230 stores across 600 cities in India. The company has extended its reach to various states, including Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal, Maharashtra, Kerala, Chhattisgarh, and Madhya Pradesh. MedPlus stores provide a consistent and uniform customer experience, offering genuine pharmaceutical products and fast-moving consumer goods at competitive prices.

Services Provided

MedPlus offers an extensive range of services to meet the diverse healthcare needs of its customers. These include:

• Pharmacy and General Stores: MedPlus stores supply prescription and over-the-counter medicines, vitamins, nutritional supplements, and other healthcare products.

• Online Pharmacy: MedPlus runs an online pharmacy platform, enabling customers to buy medicines and healthcare products from the convenience of their homes.

• Diagnostic Services: MedPlus provides clinical laboratory services through its subsidiary, MedPlus Pathlabs, offering diagnostic tests and health check-ups.

• Telemedicine: The company offers physician consultation services, allowing customers to consult doctors remotely.

• Healthcare Products: MedPlus sells a variety of healthcare products, including household items and value-added goods.

E-commerce Platforms

To enhance customer convenience and accessibility, MedPlus has developed several e-commerce portals:

• MedPlus Mart: An online store for purchasing pharmaceutical and general consumer goods.

• MedPlus Lens: A platform for buying eyewear and optical products.

• MedPlus Labs: An online service for booking diagnostic tests and accessing lab reports.

Social Responsibility

MedPlus is dedicated to social responsibility and has launched several initiatives to improve healthcare access and awareness. Notable initiatives include:

• Save a Child's Heart Initiative: A program designed to provide free heart surgeries to underprivileged children.

• Society to Aid the Hearing Impaired: An initiative to support and provide hearing aids to individuals with hearing disabilities.

Expansion and Growth

MedPlus has been expanding its footprint through strategic partnerships and acquisitions. The company went public in December 2021, listing on the Indian stock exchanges. This move has provided MedPlus with the capital required to further expand its network and enhance its services.

MedPlus has transformed the pharmacy retail sector in India with its vast network, diverse services, and commitment to affordable healthcare. By leveraging technology and innovative solutions, MedPlus continues to enhance healthcare accessibility and quality for millions of people across the nation.