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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?

The Indian mother and baby products retailer has been slow to grow in the two largest markets of the Gulf. What gives?
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.
Quick-commerce apps are likely to run into regulations and poor order volumes as they try to grow this business.