• Area of Focus: Healthcare
  • Geography: Asia
  • Stage: Growth
  • Investment Year: 2021
  • Website Link


Based in Hyderabad, Medplus is the second-largest retail pharmacy chain in India. The company operates neighborhood pharmacy stores (~600 sqft) across India with a leadership position in key cities it operates in. Medplus has built a strong brand led by a compelling value proposition of genuine medicines, high availability, and convenience. The company is led by Dr. Madhukar Gangadi who founded Medplus in 2006.