Generic Aadhaar
| File:Generic Aadhaar.png | |
| ISIN | 🆔 |
|---|---|
| Founded 📆 | 2019 |
| Founder 👔 | Arjun Deshpande |
| Headquarters 🏙️ | , , |
Area served 🗺️ | |
Key people | Ratan Tata (Stakeholder) |
| Revenue🤑 | INR 6 Crore ($0.8 Million)[1] |
| Members | |
Number of employees | 55 (May 2020)[2] |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Generic Aadhaar is an Indian Generic drugs company founded in 2019.[3] Headquartered in Thane, Maharashtra, the company provides Generic drugs in B2B and B2C markets.[1]
History
In April 2019, Arjun Deshpande started the company from Thane, Maharashtra.[4]
In May 2020, the company established a profit-sharing model with retailers from Mumbai, Pune, Bangalore, and Odisha.[5] In the same month, Ratan Tata, Chairman of the Tata Trusts, invested an undisclosed amount in the company, taking a minority ownership stake.[2]
In January 2021, the company opened its first outlet in Chitradurga, Karnataka.[6]
In March 2021, the company launched its mobile application.[7]
References
- ↑ 1.0 1.1 "Ratan Tata invests in Generic Aadhaar to bring affordable medicines to masses". The Economic Times. 8 May 2020. Retrieved 15 April 2021.
- ↑ 2.0 2.1 "Ratan Tata invests in pharma startup Generic Aadhaar". The Times of India. 8 May 2020. Retrieved 15 April 2021.
- ↑ Meghani, Varsha (16 December 2019). "Meet the 17-yr-old on a mission to make medicine affordable". Forbes India. Retrieved 15 April 2021.
- ↑ Karelia, Gopi (13 May 2020). "Thane Teenager's Pharma Startup Brings Down Medicine Cost by 80%, Gets Investment from Ratan Tata". The Better India. Retrieved 15 April 2021.
- ↑ Jayakumar, PB (8 May 2020). "Ratan Tata buys stake in Mumbai teenager's pharmacy chain". Business Today. Retrieved 15 April 2021.
- ↑ "Generic Aadhaar sets up first outlet in Karnataka". The Hans India. 2 January 2021. Retrieved 15 April 2021.
- ↑ "Ratan Tata-backed pharma chain Generic Aadhaar launches app to compete with online medicine retailers". India Blooms. 16 March 2021. Retrieved 15 April 2021.
External links
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