MedPlus
We are India's Favorite Pharmacy.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
* | N/A | $172m | IPO |
| Total Funding | 000k | ||
| INR | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 7 % | 23 % | 21 % | 23 % | 9 % | 10 % | 14 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 8 % | 8 % | 7 % | 7 % | 9 % | 9 % | 10 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 2 % | 3 % | 1 % | 1 % | 2 % | 3 % | 4 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Equity research estimates
Related Content
MedPlus is a prominent player in India's healthcare sector, recognized for its extensive network of pharmacy stores and a robust online presence. Founded by Madhukar Gangadi, the company operates in a market that includes retail pharmacy, online pharmacy, pathology labs, and optical services. MedPlus serves a diverse clientele, ranging from individuals seeking prescription medications and over-the-counter (OTC) drugs to those needing health and beauty products, surgical supplies, and grocery items.
The company’s business model is omni-channel, meaning it integrates multiple methods of shopping available to consumers, including physical stores, online platforms, and call centers. This approach allows MedPlus to cater to a wide range of customer preferences and enhances accessibility to healthcare products and services. The company generates revenue through the sale of pharmaceuticals, health and beauty products, optical goods, and groceries. Additionally, MedPlus offers pathological services, which contribute to its income stream.
MedPlus also operates a franchise model, allowing entrepreneurs to open MedPlus-branded stores, further expanding its market reach. The company incentivizes customer loyalty through rewards programs, enabling customers to save money on their purchases and redeem gifts. This strategy not only boosts customer retention but also drives repeat business.
In summary, MedPlus is a comprehensive healthcare provider in India, leveraging both physical and digital channels to deliver a wide array of products and services. Its diversified business model and customer-centric approach position it as a leader in the Indian healthcare market.
Keywords: pharmacy, online pharmacy, healthcare, omni-channel, pathology, optical services, franchise, rewards, retail, India.