About Us
Revolutionizing Health Care Retail
Our Story
Our Story
MedPlus was founded in 2006 by Gangadi Madhukar Reddy, Founder, Managing Director and Chief Executive Officer, with the vision to set up a trusted pharmacy retail brand that offers genuine medicines and delivers better value to the customer by reducing inefficiencies in the supply chain using technology. Mr. Gangadi, both a doctor and an entrepreneur, plays an instrumental role in the strategic direction and growth of our business.
We operate 4,230+ stores in 600+ cities distributed across 10 states: Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal, Maharashtra, Kerala, Chattisgarh and Madhya Pradesh. We have a total of 22,000+ permanent full-time in-house employees working for us in a range of business activities. (all details as of February 05th 2024)
Our operations include retail and wholesale sale, manufacturing and contract manufacturing of private label pharmaceutical, wellness and FMCG products, import, distribution, and full fledged diagnostic centers.
Our omni-channel platform enables us to service our customers through our stores as well as our online channels. Our latest addition to online facilities being: order medicines via WhatsApp.
Our Strategies
Strengthen Market Position by Increasing Store Penetration across existing and new clusters
Further develop Our Omni-channel Platform with a Hyperlocal Delivery Model.
Enhance Revenue and Increase Customer Wallet Share through continued investment in technology infrastructure and expansion into adjacent healthcare vertical
Increase Operating Efficiency and Enhance Supply Chain Management to drive profitability
Our Leadership
Mr. Madhukar Gangadi
Gangadi Madhukar Reddy is the Managing Director and Chief Executive Officer of our Company. He is one of the Promoters of our Company and has been a Director of our Company since incorporation on November 30, 2006. He holds a bachelor's degree in medicine and surgery from the Sri Venkateswara University and an MBA from the Wharton School, University of Pennsylvania.
Mr. Bhaskar Reddy Cherukupalli
Cherukupalli Bhaskar Reddy is the chief operating officer. He holds a bachelor's degree in medicine and surgery from Sri Venkateswara University, A.P. and a master's degree in surgery from Kasturba Medical College, a group of Manipal Academy of Higher Education. He is also a fellow of the Royal College of Surgeons, Edinburgh. Before MedPlus, he was a practicing Laparoscopic surgeon at Nellore, A.P. He has over 16 years of experience in the pharmaceutical industry.