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MedPlus
3.6
based on 1.1k Reviews
Video summary
Company Overview
Company Locations
Working at MedPlus
Company Summary
MedPlus is one of India's leading healthcare companies with an ever-growing number of pharmacy stores, online pharmacy, path labs and optical services.
Overall Rating
3.6/5
based on 1.1k reviews
8% below
industry average
Critically rated for
Promotions, Work satisfaction, Salary
Work Policy
Work from office
88% employees reported
Monday to Saturday
49% employees reported
Strict timing
55% employees reported
Within city
45% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
42 employees reported
Health insurance
24 employees reported
Professional degree assistance
6 employees reported
Office cab/shuttle
6 employees reported
View all benefits
About MedPlus
Founded in2006 (19 yrs old)
India Employee Count10k-50k
Global Employee Count10k-50k
India HeadquartersHyderabad, India
Office Locations
Websitemedplusindia.com
Primary Industry
Other Industries
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View in video summary
When Dr. Madhukar Gangadi came across a WHO report indicating that up to 30% of the fake medicines sold across the world came from India, he decided to study the Indian pharma retail market and sensed an opportunity to make a difference. He envisioned a company that would source all its medicines from reliable, big name suppliers, store medicines in optimal conditions to ensure their efficacy and take the risk out of buying medicines, give customers convenience to buy their medicines and value for their money.. The result was MedPlus.
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MedPlus Ratings
based on 1.1k reviews
Overall Rating
3.6/5
How AmbitionBox ratings work?
5
414
4
261
3
186
2
79
1
168
Category Ratings
3.7
Job security
3.6
Skill development
3.4
Work-life balance
3.3
Company culture
3.3
Salary
3.3
Work satisfaction
3.0
Promotions
MedPlus is rated 3.6 out of 5 stars on AmbitionBox, based on 1.1k company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at MedPlus
based on 979 reviews
3.7
Rated by 210 Women
Rated 3.8 for Job security and 3.7 for Skill development
3.6
Rated by 769 Men
Rated 3.7 for Job security and 3.6 for Skill development
Work Policy at MedPlus
based on 187 reviews in last 6 months
Work from office
88%
Permanent work from home
6%
Hybrid
6%
MedPlus Reviews
Top mentions in MedPlus Reviews
+ 5 more
Compare MedPlus with Similar Companies
 |  Change Company |  Change Company |  Change Company | |
|---|---|---|---|---|
Overall Rating | 3.6/5 based on 1.1k reviews | 3.9/5 based on 24.1k reviews | 3.7/5 based on 3k reviews | 3.9/5 based on 5k reviews |
Highly Rated for |  No highly rated category | Skill development Job security | Salary | Job security Company culture |
Critically Rated for | Promotions Salary Company culture | Promotions | Company culture | Promotions |
Primary Work Policy | Work from office 88% employees reported | Work from office 81% employees reported | Work from office 80% employees reported | Work from office 87% employees reported |
Rating by Women Employees | 3.7 Good rated by 210 women | 3.8 Good rated by 2.2k women | 3.9 Good rated by 162 women | 3.9 Good rated by 847 women |
Rating by Men Employees | 3.6 Good rated by 769 men | 3.9 Good rated by 20.9k men | 3.7 Good rated by 2.6k men | 3.9 Good rated by 3.8k men |
Job security | 3.7 Good | 3.8 Good | 3.4 Average | 4.2 Good |
View more
MedPlus Salaries
MedPlus salaries have received with an average score of 3.3 out of 5 by 1.1k employees.
Pharmacist
(699 salaries)
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₹1 L/yr - ₹5.4 L/yr
Pharmacy Aide
(137 salaries)
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₹0.8 L/yr - ₹3.5 L/yr
Pharmacy Incharge
(123 salaries)
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₹1 L/yr - ₹5.6 L/yr
Software Engineer
(69 salaries)
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₹4 L/yr - ₹14.5 L/yr
Retail Pharmacist
(67 salaries)
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₹1.2 L/yr - ₹3.6 L/yr
Pharmacy Assistant
(63 salaries)
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₹1 L/yr - ₹5 L/yr
Customer Service Associate
(61 salaries)
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₹1 L/yr - ₹3.2 L/yr
Store Incharge
(52 salaries)
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₹1 L/yr - ₹3.6 L/yr
C.S.A
(49 salaries)
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₹1 L/yr - ₹3 L/yr
Associate Software Engineer
(41 salaries)
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₹6 L/yr - ₹9.1 L/yr
MedPlus Interview Questions
An Area Manager was asked 8mo agoQ. How do you handle shrinkage?
An Associate Software Engineer was asked 11mo agoQ. Given an integer array nums, move all 0's to the end of it while maint...read more
A Supervisor was asked Q. How do you solve employee problems?
A Senior Executive was asked Q. How do you support customers?
An Assistant Manager was asked Q. How do you process a purchase invoice?
MedPlus Jobs
Current Openings
MedPlus News
View all
MedPlus Open To Quick Commerce, Keeping Watch On Customer Preference: CEO
- MedPlus Health Services Ltd. is monitoring customer preference for quick delivery of medicines to potentially venture into quick commerce as demand rises.
- CEO Madhukar Reddy stated that they are prepared to increase delivery speed if customers prefer it, without significant impact on margins.
- The company aims for high-single-digit sales growth in FY26 and plans to add 600 new stores, with emphasis on expanding private label products for long-term growth.
- Reddy anticipates steady growth in private label contributions over the next quarters and remains optimistic about their potential in the market.
Bloomberg Quint | 30 May, 2025
Stocks To Watch Today: LIC, ITC, Bharat Dynamics, Tata Steel, NMDC
- LIC, ITC, Bharat Dynamics, Tata Steel, and NMDC are among the stocks to watch today, along with JK Lakshmi Cement, Vedanta, and Ramkrishna Forgings.
- Key actions among these stocks include ITC's block trade, Tata Steel's petition in Delhi High Court, and Sonata Software's partnership with Qualtrics.
- HBL Engineering received a significant order, while Bharat Forge and Vedanta have upcoming events related to non-convertible debentures.
- NMDC reported mixed Q4 results, with revenue growth but a decrease in net profit and EBITDA margin.
- Other companies like EID Parry, Precision Camshafts, and Goodyear India also shared their Q4 highlights in terms of revenue, EBITDA, and net profit.
- Stocks like DCX Systems, ITI, and RCF also reported their Q4 performance, reflecting variations in revenue, EBITDA, and net profit.
- Segment revenue details of EID Parry were provided, showing growth in various business areas like nutrient and crop protection.
- In the healthcare sector, Medplus Health showed growth in revenue, EBITDA, and net profit in Q4FY25 results.
- Several other companies, including Bosch, P&G Hygiene, and Sun Flag, shared their Q4 highlights indicating revenue, EBITDA, and net profit changes.
- Upcoming earnings to watch include companies like 3M India, Bata India, Cummins India, Natco Pharma, Steel Authority of India, and more.
Bloomberg Quint | 28 May, 2025
Stock Market Live Updates 13 March 2025: Stock to buy today: Divi’s Laboratories (₹5,665.55) – BUY
- Stock market updates on 13 March 2025: Positive news includes companies like BEML, NTPC Green, Carysil, Unimech Aerospace, Atishay Ltd, Nahar Industrial, Premier Explosives, Azad Engineering, Infosys, Polycab, NACL Industries, Waaree Renewable, Swelect Energy, Jubilant Pharmova, and Yatra Online.
- Neutral news involves companies like Bajaj Electricals Ltd, Jamna Auto, Beta Drugs, Dynamic Services, Medplus Health, Panasonic Carbon, Shantai Industries, DCAL, Manali Petrochemicals, NHPC, IndusInd Bank, Ola Electric, Zydus Lifesciences, Jaiprakash Associates, Satin Creditcare, Banking Stocks, ICICI Sec, and MTNL.
- Negative news includes Rattan India Power and D.S. Kulkarni Developers facing challenges.
- Divi's Laboratories is recommended for buying with potential growth and support at 200-DMA.
- Notable companies mentioned in the article are BEML, NTPC Green, Infosys, Jubilant Pharmova, and Divi's Laboratories.
- Economic calendar highlights and pre/post-market stock movements for various companies, including Futu Holdings Limited, Wheaton Precious Metals Corp, DocuSign, Inc, and Ulta Beauty, Inc, are also provided.
HinduBusinessLine | 13 Mar, 2025
Promoter pledge holdings in BSE-500 stocks decline to 0.84% in the December 2024: Kotak
- Promoter pledge holdings in BSE-500 stocks decline to 0.84% in the December 2024: Kotak
- Sun Pharma Advanced Research and UPL featured among companies with released pledged holdings to repay debts
- Nifty 50 constituents Apollo Hospitals, Asian Paints, IndusInd Bank, and JSW Steel had over 5% of pledged promoter holdings
- Highest pledged holdings in overall holdings found in Medplus Health Services, Chalet Hotels, and GMR Airports
HinduBusinessLine | 24 Feb, 2025
ONGC, Aptus Value, Medplus, Aarti Industries, Greenlam, Mahindra Lifespace, Neogen Q3 Review: HDFC Securities
- Brokerages give 'Buy' rating to Mahindra Lifespace, Neogen, and Medplus.
- They give 'Add' rating to Greenlam and Aarti Industries.
- They give 'Reduce' rating to Aptus Value, Sundaram Finance, and ONGC.
- HDFC Securities releases Q3 review of ONGC, Aptus Value, Medplus, Aarti Industries, Greenlam, Mahindra Lifespace, and Neogen.
Bloomberg Quint | 4 Feb, 2025
Healthtech startups net $1.13 Bn in 2024: Entrackr Report
- The Indian Healthtech sector is experiencing unprecedented growth, with the healthcare and life sciences sector experiencing a remarkable CAGR of 127% since 2016.
- The overall Indian Healthtech sector is poised to hit a potential market size of $50 billion by 2033, growing at an estimated CAGR of 26%.
- The Healthtech sector saw a strong recovery in 2024, with total capital raised surging to $1.13 billion, marking a significant rebound from previous downturns.
- Leading startups such as PharmEasy, Engrail, and NephroPlus played a crucial role in attracting investor interest, while PharmEasy, MedPlus, and Entero Healthcare emerged as revenue leaders.
- In 2024, growth and late-stage funding contributed $880.6 million across 22 deals, while early-stage startups secured $250.44 million through 72 deals.
- Pharmeasy led the funding list with $216 million in capital raised, followed by biotech firm Engrail and dialysis chain NephroPlus.
- The Healthtech sector witnessed 12 mergers and acquisitions (M&A) deals in 2024, signaling a trend toward strategic consolidation.
- Several prominent investors played a crucial role in shaping the Healthtech ecosystem in 2024, including Venture Catalysts, 360 One Asset Management, and Eight Roads Ventures.
- With the increasing demand for digital healthcare solutions, diagnostics, and AI-powered medical services, the sector is expected to see more IPO-bound companies in the coming years.
- The Healthcare and Healthtech sector has a long period of expansion ahead, and investors have their task cut out sorting through the many forms that will sizzle, only to fizzle out.
Entrackr | 31 Jan, 2025
Stocks To Watch Today: Jio Financial Services, Medplus Health, JK Tyre, HCLTech
- Jio Financial Services and BlackRock subscribed to Rs 5.85 crore shares of JV Jio BlackRock Asset Management for Rs 117 crore.
- Medplus Health's arm received three suspension orders of drug license for a store in Karnataka.
- Neuland Laboratories approved a capital expenditure of Rs 342 crore in two facilities.
- Other stocks to watch include JK Tyre Industries, Centum Electronics, HCL Technologies, Tanla Platforms, Vodafone Idea, Zydus Lifesciences, and Vedanta.
Bloomberg Quint | 22 Jan, 2025
Broker’s call: Medplus Health Services (Buy)
- Medplus Health Services Ltd (MHSL) is the second-largest player in India’s retail pharmacy segment with a robust network of 4,552 stores.
- MHSL has been expanding its presence in tier 2 and smaller cities, tapping into high-growth areas.
- Around 99% of MHSL's revenue comes from pharmacy operations, with the remaining from ancillary segments like diagnostic and optical.
- The company is expected to experience significant growth in revenue per store and improvements in EBITDA margins due to private-label products and matured stores.
HinduBusinessLine | 13 Jan, 2025
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MedPlus FAQs
When was MedPlus founded?
MedPlus was founded in 2006. The company has been operating for 19 years primarily in the Retail sector.
Where is the MedPlus headquarters located?
MedPlus is headquartered in Hyderabad and has an office in Hyderabad / Secunderabad.
How many employees does MedPlus have in India?
MedPlus currently has more than 21,000+ employees in India. Healthcare & Life Sciences department appears to have the highest employee count in MedPlus based on the number of reviews submitted on AmbitionBox.
Does MedPlus have good work-life balance?
MedPlus has a work-life balance rating of 3.4 out of 5 based on 1,100+ employee reviews on AmbitionBox. 39% employees rated MedPlus 3 or below, while 61% employees rated it 4 or above for work-life balance. This rating suggests that while some employees recognize efforts towards work-life balance, there is scope for improvement based on employee feedback. We encourage you to read MedPlus work-life balance reviews for more details.
Is MedPlus good for career growth?
Career growth at MedPlus is rated as moderate, with a promotions and appraisal rating of 3.0. 39% employees rated MedPlus 3 or below, while 61% employees rated it 4 or above on promotions / appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading MedPlus promotions / appraisals reviews for more detailed insights.
What are the cons of working in MedPlus?
Working at MedPlus does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, work satisfaction and salary & benefits, based on 1,100+ employee reviews on AmbitionBox.
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