MedPlus is in a funk. Can Reddy’s private-label push revive it?

India’s only listed pharma retailer wants to rev up growth by boosting its own-brand business. But will it be enough to overcome its mounting debt, slowing revenue growth and a stalled fundraise?

03 July, 202411 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Internet
Story image

SuperK has a playbook for solving India’s small-town retail problem

Investors are betting on the value retail chain’s franchise model to disrupt the retail market in small-town India. By the looks of it, the six-year-old startup seems to have gotten a lot of things right.

Internet
Story image

Why quick delivery of medicines will be difficult to scale

Quick-commerce apps are likely to run into regulations and poor order volumes as they try to grow this business.

Business
Story image

How Glenmark convinced its investors to back its high-risk R&D strategy

While earlier attempts were unsuccessful, with Glenmark running into huge losses, there seems to be growing consensus that the drugmaker’s R&D strategy makes it a different company. Perhaps even a valuable one.