- Business
- MedPlus Health Services Limited operates as India's second-largest pharmacy retail chain, offering prescription and over-the-counter medicines, fast-moving consumer goods, vitamins, nutrition supplements, and optical products through an extensive omni-channel platform that includes physical stores, e-pharmacy portals such as MedPlus Mart, MedPlus Lens, and MedPlus Labs, wholesale distribution, private label pharmaceutical and wellness manufacturing, clinical laboratory services via diagnostic centers, and physician consultations; it also provides online ordering via WhatsApp and a Flexi Rewards customer loyalty program. Founded in 2006 and headquartered in Hyderabad, Telangana, the company maintains over 4,230 stores across more than 600 cities in 10 states including Telangana, Andhra Pradesh, Tamil Nadu, Karnataka, Odisha, West Bengal, Maharashtra, Kerala, Chhattisgarh, and Madhya Pradesh, supported by 22,000 full-time employees and a retail space exceeding 2.5 million square feet. In recent developments, MedPlus has aggressively expanded its store network with 124 net additions in Q1 FY26 to reach 4,813 outlets and plans 600 new stores in FY26 targeting tier-2 and tier-3 cities, alongside enhancing its hyperlocal delivery model, technology infrastructure, and adjacent healthcare verticals for revenue growth and supply chain efficiency.