The Success Story Of A 21-Year-Old: “People start to grow to be a success the minute they decide to be.” This quote from successful American businessman Harvey MacKay perfectly defines young Indian entrepreneur Arjun Deshpande, also called the ‘Robinhood of Indian Pharma.’
Arjun is the founder and CEO of Mumbai-based totally startup Generic Aadhaar, an give up-to-quit online platform for conventional medication that targets to make extraordinary medication inexpensive for every citizen of the usa.
Arjun’s entrepreneurial journey started out for the duration of his college years whilst he discovered the lack of access to low-cost medicinal drug for human beings. At the age of sixteen, in 2018, he based a employer that gives cheap and low priced frequent drug treatments as an opportunity to branded medicines typically found in pharmacies.
Now, on the age of 21, Arjun is the CEO of Generic Aadhaar, which presents conventional medicines online and operates a chain of franchises providing reductions of eighty%-90%.
The Tata Backed Company
Arjun’s dedication and difficult work paid off, propelling his employer to benefit reputation and disrupt the conventional pharmaceutical industry in India. Generic Aadhaar is now valued at a whopping Rs 500 crore (approx.) and has garnered aid from distinguished industrialist and philanthropist Ratan Tata.
Tata changed into inspired by using Arjun’s vision after listening to his speech at a TED speak, main him to invest inside the task and again Generic Aadhaar.
Arjun’s achievements have been widely regarded among young marketers in India, with him being named in Forbes 30 Under 30 Asia and Fortune India 40 Under forty lists.
In April this 12 months, Arjun Deshpande obtained praise from President Droupadi Murmu for his efforts in making prevalent drug treatments low priced for the united states of america’s populace, regarding him because the “marvel kid of pharma.” She additionally acknowledged the agency’s contribution to monetary growth.
The Expansion Of An Idea
With a incredible impact in the Indian market, Generic Aadhaar is now mulling in increasing its operations to international locations inclusive of Bangladesh, Bhutan, UAE, Sri Lanka, and Myanmar.
Furthermore, Arjun plans to open Generic Aadhaar shops in Oman, Dubai, Colombia, and Vietnam, in addition expanding the attain of his progressive idea.
The achievement of the Mumbai-based company lies in its ability to remove intermediaries including marketers, stockists, and distributors, drastically decreasing expenses.
Arjun’s story has served as inspiration for numerous younger people in India, motivating them to pursue their entrepreneurial aspirations and attempt to create a fantastic trade in society.