About Us

Revolutionizing Health Care Retail

Our Story

Our Story

Our Company was founded in 2006 by Gangadi Madhukar Reddy, our 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. The founder, Managing Director and Chief Executive Officer of our Company, Gangadi Madhukar Reddy, both a doctor and an entrepreneur, plays an instrumental role in the strategic direction and growth of our business. Our Company's shareholders include marquee investors, including Lavender Rose, belonging to the Warburg Pincus group, and affiliates of Premji Invest, and we maintain strong corporate governance and internal controls.

We operate 2,165 stores in 242 cities distributed across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal and Maharashtra as of June 30, 2021. We have a total of 14,762 permanent full-time in-house employees working for us in a range of business activities.

Our operations include the manufacturing and contract manufacturing of private label pharmaceutical, wellness and FMCG products, wholesale and retail sale, import, distribution, and pathology diagnostic laboratory testing.

Our omni-channel platform enables us to service our customers through our stores as well as our online channels, thereby enabling us to leverage our strong offline channel to establish and grow our online presence.

Our 'click and pick' service allows customers to place orders directly online for collection at their preferred store at a convenient time. Our customers also have the option to return any items purchased through our online channel at their preferred stores, subject to the standard terms and conditions. Through our 'door-to-door' delivery service, in the cities of Hyderabad and Bangalore, our customers can place orders over the telephone, through our website or our mobile application.

Our Story

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 Strategies

Our Leadership

Dr. Madhukar Gangadi

Mr. Madhukar Gangadi

Managing Director, Chief Executive Officer

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 a master's degree in business administration from the Wharton School, University of Pennsylvania. In 2015, he was awarded the "Business Person of the Year - Large Scale" at the Sakshi Excellence Awards by Sakshi Media Group.

Dr. Bhaskar Reddy

Mr. Bhaskar Reddy Cherukupalli

Chief Operating Officer - Outlet Operations

Cherukupalli Bhaskar Reddy is the chief operating officer - outlet operations of our Company. He holds a bachelor's degree in medicine and surgery from Sri Venkateswara University and a master's degree in surgery from Faculty of Medicine, Kasturba Medical College, Manipal Academy of Higher Education. He was previously a fellow of the Royal College of Surgeons, Edinburgh. He has over 14 years of experience in the pharmaceutical industry.

Dr. Surendra Mantena

Mr. Surendranath Mantena

Chief Operating Officer - MedPlus Mart

Surendranath Mantena is the chief operating officer - MedPlus Mart of our Company. He holds a bachelor's degree in medicine and surgery from Faculty of Modern Medicine, University of Health Sciences, Andhra Pradesh, served as a resident in internal medicine at St. John Hospital and Medical Centre, Detroit and has a master's degree in business administration from the University of Illinois, Chicago. He was a resident and fellow of internal medicine in the United States of America for five years.

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