Business Idea: If you are looking to start a better business with less investment, then the Generic Aadhaar can be a golden opportunity for you. This is a pharmacy startup company that has expanded rapidly across the country in a short time. The specialty of the company is that it provides customers with generic medicines up to 80 percent cheaper than branded medicines.
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Investment by Founder and Ratan Tata
Generic Aadhaar was started by young entrepreneur Arjun Deshpande from Pune, Maharashtra. The company has registered its presence in 18 states and more than 130 cities. Seeing the credibility and prospects of this startup, India’s big industrialist Ratan Tata has invested in it, which has further strengthened the company.
Franchise Business Model
Generic Aadhaar provides a margin of up to 40 percent to its franchise partners, while big pharmaceutical companies give only a 15 to 20 percent margin. The company supplies more than 1000 types of generic medicines. Along with this, the company also connects those people who are already running medical stores and also gives opportunities to new entrepreneurs who want to open a store for the first time.
How to get a franchise
To get the franchise of Generic Aadhar, one has to visit the company’s official website, genericaadhaar.com. One has to fill out the online form by going to the Business Opportunity section. After entering information like name, mobile number, and email in the form, the application is completed.
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What will the franchise partner get?
On joining Generic Aadhar, the franchise partner is provided with the company’s official brand logo, branding material, in-house products, and the company’s own software for the sale of medicines. For this, the applicant will also need a drug license.
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