Friday, March 23, 2007

iLabs invests Rs 23 crore in pharma retail chain MedPlus

Private equity firm iLabs has invested Rs 23 crore in Hyderabad-based pharma retail chain MedPlus, formerly branded as Aushadhi. MedPlus will utilise the funds for expanding its operations and venturing into health care clinics and laboratories in residential areas.

Courtesy: EconomicTimes
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1 comment:

Anonymous said...

There is a company in Hyderabad called MedEx that has a delivery model for medicines. I ordered medicines from there last week and the service was extraordinary. They stock a wide range of medicines and they deliver promptly. And guess what - they don't have a store-front. It is a 100% delivery model. Awesome company. Here is their number: (040) 40 11 50 11