MedPlus is an Indian pharmacy retail chain headquartered in Hyderabad, Telangana. It operates a network of retail outlets across India that dispense prescription and over-the-counter medicines, along with health, wellness, and personal care products. The chain is operated by MedPlus Health Services Limited, the parent company that runs the brand and its associated retail and distribution operations.
| MedPlus — Key Facts | |
|---|---|
| Type | Public company (pharmacy retail) |
| Industry | Pharmaceutical retail |
| Founder | Madhukar Gangadi |
| Headquarters | Hyderabad, Telangana, India |
| Operating company | MedPlus Health Services Limited |
| Country of operations | India |
| Products | Prescription drugs, OTC medicines, FMCG, health and wellness goods |
MedPlus was established with the aim of providing authentic medicines through an organised retail format, in a market historically dominated by independent neighbourhood chemists. The company built a presence by combining store-based retail with backend supply chain and warehousing, allowing it to scale across multiple Indian states. It is generally regarded as one of the larger organised pharmacy chains in India alongside peers in the same segment.
The company runs neighbourhood pharmacy stores under the MedPlus brand, supported by central and regional distribution facilities. In addition to medicines, the stores stock personal care products, nutraceuticals, and other fast-moving consumer goods commonly sold through chemist outlets. MedPlus also offers home delivery and an online ordering platform, integrating its physical store network with digital fulfilment.
MedPlus has an extensive presence in southern India, particularly in Telangana, Andhra Pradesh, Karnataka, Tamil Nadu, and Kerala, with operations also extending to other regions. Stores are typically located in residential neighbourhoods to serve walk-in customers.
The chain sells private-label medicines and consumer health products in addition to branded pharmaceuticals. The group has also expanded into adjacent healthcare services, including diagnostics, through related ventures.
MedPlus Health Services Limited went public through an initial public offering and is listed on Indian stock exchanges, making it one of the few pure-play organised pharmacy retailers to be publicly traded in India.
MedPlus is significant as an early and large-scale example of organised pharmacy retail in India. Its growth reflects the broader shift from unorganised single-store chemists toward chain pharmacies offering standardised pricing, discounts on medicines, and integrated online–offline service. The company is frequently cited in discussions of India's evolving retail pharmacy and healthcare delivery landscape.