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MedPlus Health Services operates retail pharmacies and provides diagnostic and optical services.
Founded in 2006 by Madhukar Gangadi, MedPlus Health Services is based in Hyderabad, India. It operates 2,165 stores in 242 cities across seven states, selling medicines and health, beauty and personal care products. It also provides diagnostic laboratory services, optical products and hospital supplies, and sells online as MedPlus Mart. Its backers include Peepul Capital, Kalaari Capital, Mount Kellett Capital Management, Piramal India Ltd. and TVS Capital Funds; Warburg Pincus and PremjiInvest invested in 2021.
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