TVS Shriram Growth Fund has invested in Medplus Health Services Private Limited. Medplus, started in 2007 has grown to become India's second largest pharmacy retail chain with focus in Andhra Pradesh, Tamil Nadu and Karnataka and recent entry into West Bengal. The Hyderabad-based company has embarked on an aggressive growth path with over 1000 pharmacy stores and 10 in-hospital pharmacies under the leadership of its promoter and CEO Madhukar Gangadi.
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