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MADHUKAR GANGADI
MedPlus promoter to refinance debt held by Warburg PincusThe promoter has raised ₹350 crore in debt from Modulus Alternatives to help with the buyout. The fund, borrowed at the promoter level, is ...- No reason why we cannot get to number one position, says MedPlus Health MD“We will be spending most of the money on opening new stores and for inventory of new stores. Last year we opened 350 stores despite Covid ...
- Medplus IPO to open on Dec 13; price band fixed at Rs 780-796Hyderabad-based MedPlus Health Services, the second-largest pharmacy retailer in India, is eyeing to mop up Rs 1,398.29 crore via the prima...
- Pharmacy retail chain MedPlus get SEBI nod to launch IPOThe initial public offering (IPO) comprises fresh issuance of equity shares worth Rs 600 crore and an offer for sale (OFS) of up to equity ...
- SuperMoney raises $1 million in funding from Unitus VenturesThe fintech startup will use this capital to expand its team and launch operations in new cities.
- Medplus plans to raise Rs 700 crore via IPOThe promoters hold 77 per cent and Wipro Chairman Azim Premji's Premji Invest holds 13 per cent while the rest is held by others.
- MedPlus founder launches online venture for lifestyle productsAll layers between the manufacturer and the consumer can be removed delivering enormous efficiency to the process.
- MedPlus eyes raising $50 mn by fiscal endMedPlus Health Services today said it is in the process of raising $50 million by the end of current financial year to finance its expansio...
- CustomFurnish.com raises Rs 30 crore from Agnus CapitalCustomFurnish.com, a furniture portal has raised Rs 30 crore in a fresh round of funding from Bengaluru-based family office Agnus Capital.
- Warburg Pincus joins race for MedPlus; General Atlantic also in frayMedPlus, 69 per cent owned by a clutch of PE investors, is being valued at $350-400 million, said four people aware of the matter.
- MedPlus up for sale as company drops plans to raise growth equity, valuation likely at Rs 2,700 croreMedplus was earlier looking to raise fresh capital but now the mandate has changed to a potential outright sale, one of the sources said.
- Boost for etailers like Flipkart, Amazon as Drugs Act to be tweaked to allow online salesThe government may consider changes to the Drugs and Cosmetics Act to permit online sale of medicines following representatins.
- MedPlus goes online, plans 200 outlets in West BengalMedplus has 106 stores in Kolkata and around with a turnover of about Rs 180 crore. National turnover of Medplus in 2014-15 was Rs 1370 cro...
- Home healthcare startup partners with pharma chain MedPlus for home delivery of drugsNightingales Home Healthcare, a wing of healthcare-startup Medwell Ventures, has partnered with pharmacy chain MedPlus for delivering criti...
- Customfurnish.com to cover cities within 12 hour drive from baseThe company's inaugural offerings include modular kitchens, wardrobes, entertainment units, and other fitted furniture for the home along w...
- Pharmacy chain MedPlus in talks to raise capital to fund expansionPharmacy chain MedPlus is in preliminary talks to raise USD 50 to 75 million (Rs 300 crore to 450 crore) to develop its warehousing and sup...
- City-based e-tailer 'customfurnish.com' plans to raise Rs 100 crore for expansionThe e-commerce company currently operates its manufacturing unit and delivery centre in Hyderabad and plans to launch their services in Ben...
- City-based e-tailer plans to raise Rs 100 cr for expansionThe online store offers customers an extensive range of furnishing materials and designing them as per their home decor needs.
- Now, get tailored shirt delivered at your doorstepHere's why men will never lose their shirts, even if they have nothing to lose. In plainspeak, men's shirts are being retailed differently....
- Pharma retailers in expansion mode, to infuse Rs 600 crThe $5-billion domestic pharma retail market is on an expansion mode. A host of companies - Subhiksha, 98.4 Degrees, Guardian Lifecare and ...
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