Pharmacy retail chain Generic Aadhaar on Monday announced an app that will get generic medicines from nine pharmaceutical manufacturers and sell them at its outlets. The chain, which is led by 18-year-old Arjun Deshpande and is backed by Tata Group chairman emeritus Ratan Tata, grew in 2020 by adding 450 franchise stores to take its total count to 650 odd stores in 100 cities.
Founded in 2019, the startup procures generic (unbranded) medicines from around nine major pharmaceutical manufacturers. These manufacturers, in Gujarat, Maharashtra, Pondicherry, are all World Health Organisation- Good Manufacturing Practices (WHO-GMP) certified. The app has facilities to upload prescriptions and place orders. The medicines will be delivered from the nearest generic Aadhaar franchise store.
The ‘Generic Aadhaar’s Mobile App’ will help the standalone retail stores across India face competition from online pharmacies and also customers can get faster delivery from their nearest location via this App, said Arjun Deshpande, CEO and founder of Generic Aadhaar. “It’s good that we are now reaching to the masses and going towards generic medicines through Generic Aadhaar and uplift the healthcare capability of the country. I hope this movement grows over the years, also with this urge to serve the people, comes the responsibility of providing medicines of the requisite quality at affordable prices to the people,” said Ratan Tata.
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