📋 About the Brand
Netmeds is India's premier trusted healthcare and online pharmacy network, heavily backed by Reliance Retail. The brand seamlessly bridges the gap between digital e-commerce efficiency and local neighborhood pharmacy accessibility. Partnering with Netmeds offers franchise owners an asset-optimized retail format, integrated app-based hyper-local order routing, NABL-accredited diagnostic partnerships, and complete centralized inventory management with high operational transparency.
🏢 Business Information
Company NameNetmeds Marketplace Limited
CEO / FounderPradeep Dadha
DesignationCEO / Founder
Established Year2015
Franchising Since2020
SectorPharmacy
Total Investment10 Lakh - 20 Lakh
Required Area100 - 500 Sq. Ft.
📄 Franchise Agreement
Agreement Duration5 Years
Renewal Optionyes
Renewal FeeUp to ₹50,000
Lock-in Period2 Years
Termination Notice90 Days
Resale Rightsyes
Non-Competeyes
Exclusivity Clauseyes
Dispute ResolutionArbitration
JurisdictionChennai, India
Agreement Registeredyes
NotesThe agreement grants the franchise partner exclusive retail and digital fulfillment rights within a predefined territorial boundary. The franchisee must strictly comply with national drug regulations, maintain licensed pharmacist staff, and route all transactions through Netmeds' centralized digital POS framework. All software stacks, customer medical records, online network access, and brand trademarks remain under the absolute ownership of Netmeds Marketplace Limited.
