An exciting story of Doctor turned Entrepreneur💯
A thread🧵on Medplus #IPO 👇
#sundayvibes #stockmarkets
A thread🧵on Medplus #IPO 👇
#sundayvibes #stockmarkets
"Find your passion & do it for a living"
Excellent advice, only problem is that it reminds people to narrow down their passion to a marketable skill & focus on that🤦♂️
Not so for 𝗚𝗮𝗻𝗴𝗮𝗱𝗶 𝗠𝗮𝗱𝗵𝘂𝗸𝗮𝗿 𝗥𝗲𝗱𝗱𝘆
Fitting in a box that limits who u are, not his cup of☕
Excellent advice, only problem is that it reminds people to narrow down their passion to a marketable skill & focus on that🤦♂️
Not so for 𝗚𝗮𝗻𝗴𝗮𝗱𝗶 𝗠𝗮𝗱𝗵𝘂𝗸𝗮𝗿 𝗥𝗲𝗱𝗱𝘆
Fitting in a box that limits who u are, not his cup of☕
It all began in 2006 when a doctor by profession & a #MBA in healthcare management from @thewhartonschool was assigned a class project📝
In project research, he found a report by @WHO that a sizable % of India’s medicine may be counterfeited😲
As a doctor himself, he knew the dangers this posed to consumers health.
For sake of his diabetic father & Indian consumers #health, he got the idea of Medplus➕
As a doctor himself, he knew the dangers this posed to consumers health.
For sake of his diabetic father & Indian consumers #health, he got the idea of Medplus➕
Nothing comes easy🤷♂️
The biggest challenge was to raise funds💰
✔He tried in U.S. but found people skeptical🧐.
✔He then faced the ethical issue of a medical doctor getting into the pharmacy business that put many investors at bay. #stereotypes
The biggest challenge was to raise funds💰
✔He tried in U.S. but found people skeptical🧐.
✔He then faced the ethical issue of a medical doctor getting into the pharmacy business that put many investors at bay. #stereotypes
अंत मे काम अपने ही आए🤝
✔Got funding from his friends & family. @MedPlusIndia opened its first store in Hyderabad in 2006.
Within 2 weeks, more 💰 poured in.
Madhukar’s enthusiasm for improving access to quality #healthcare had not just attracted capital but also people🏅
✔Got funding from his friends & family. @MedPlusIndia opened its first store in Hyderabad in 2006.
Within 2 weeks, more 💰 poured in.
Madhukar’s enthusiasm for improving access to quality #healthcare had not just attracted capital but also people🏅
Medplus success in the pharma retailing sector was not just from its commitment to quality healthcare but also from its operating model.
Dr. Madhukar wanted #Walmart pricing in a Starbucks like store by keeping the prices low & making healthcare more accessible in #India😎
Dr. Madhukar wanted #Walmart pricing in a Starbucks like store by keeping the prices low & making healthcare more accessible in #India😎
It offers:
✔ pharmaceutical & wellness products
✔ FMCG products such as home & personal care
Not only this, it is 1st #pharmacy retailer in India to offer an omnichannel platform🇮🇳
Customers can purchase products through👇
✔ pharmaceutical & wellness products
✔ FMCG products such as home & personal care
Not only this, it is 1st #pharmacy retailer in India to offer an omnichannel platform🇮🇳
Customers can purchase products through👇
With 2165 stores & a professional management team the company now aims to expand more & is coming with an #IPO 💯
Find IPO valuation, GMP, RHP, etc. on ticker.finology.in/IPO/upcoming/m…
Find IPO valuation, GMP, RHP, etc. on ticker.finology.in/IPO/upcoming/m…
Here's the 1st tweet of the 🧵
Retweet🔁 to reach maximum investors.
Comment if you would like us to cover more such stories :)
Retweet🔁 to reach maximum investors.
Comment if you would like us to cover more such stories :)
https://twitter.com/finologyticker/status/1469912213003538432?s=20
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