Hotline: 1800 102 2007
Hotline: 1800 102 2007
Jul, 01 2015

MedPlus goes online

Pharma retailing major, MedPlus launched its online medicine portal and app to expand its reach through e-commerce.

MedPlus goes online

Pharma retailing major, MedPlus launched its online medicine portal and app to expand its reach through e-commerce. MedPlus has 106 stores in Kolkata and around with a turnover of about Rs 180 crore. National turnover of Medplus in 2014-15 was Rs 1370 crore.

"During the last decade we witnessed a remarkable transformation in consumer behaviour. The online portal and app will help consumers in more flexible means for medicine ordering," MedPlus Founder Madhukar Gangadi told PTI.
The company will harness the 1300 odd offline retail outlets to deliver the products ordered online, he said.

Gangadi said the pharma company was bullish on West Bengal and was planning to double the number of stores to 200 over the next two years.

Meanwhile, MedPlus was planning to raise USD 60-75 million and the timeline to raise the third round of PE funding was not yet frozen, Gangadi said.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Ice Creams & Yogurt Parlors
      The Paan Studio was conceptualized to introduce the taste and..
    Locations looking for expansion Karnataka
    Establishment year 2021
    Franchising Launch Date 2021
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Banglore Karnataka
  • Ice Creams & Yogurt Parlors
    Gelato has redefined the ice cream eating culture worldwide. Because..
    Locations looking for expansion Haryana
    Establishment year 2010
    Franchising Launch Date 2020
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Quick Service Restaurants
    About Us: Line – A box of truly, madly, deeply amazing..
    Locations looking for expansion Gujarat
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • Electric Vehicles (E-Vehicles)
    E-Fill is the start-up which is working for the complete..
    Locations looking for expansion Haryana
    Establishment year 2019
    Franchising Launch Date 2021
    Investment size Rs. 10lac - 20lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Sonipat Haryana
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities