Zeno Health embarks on a Franchise Business Model to scale operations across India

04 April,2022 05:35 PM IST |  Mumbai  |  BrandMedia


Mumbai based generics start-up enters franchise model to serve more consumers

Zeno Health is the country's largest private generics company, providing generic medicines directly to consumers through its network of 120+ stores in and around Mumbai. The company has serviced 1.5 million customers, saving them over 200 crores in pharmaceutical prices.

Zeno has changed the way medicines are sold and consumed in Mumbai by putting the consumer first, educating them about generics, and aiding them in making informed decisions that can save them up to 80% on their monthly medicine expenditures.

Zeno is fast expanding to selected cities with its own COCO (Company Owned Company Operated) stores and is looking to build its Partner network across the country to serve 10 Crore Indians annually. The company intends to start by looking for franchisees across Maharashtra, Pune, and Gujarat. It'll be like having a centralized pharmacy advantage without sacrificing the hyperlocal aspect. The FOFO (Franchisee Owned Franchisee Operated) arrangement will be used, in which the investor (franchisee) pays for the initial start-up costs along with Zeno, the franchise manages the operations. As a result, the franchisee is entitled to a share of the generated revenue. Other advantages for their partners include

Mr. Siddharth Gadia, co-founder of Zeno Health, says, "In the next ten years, we want to become India's largest omnichannel healthcare platform, with 1lac+ Zeno Pharmacies. By growing our footprint in India, our franchisees will help us realise our ambition while also contributing to the country's economic development by creating new jobs," He continues "Educating customers about generics and assisting them in saving money on their prescription expenditures by switching to high-quality generic alternatives is critical at this time. Investors will need significant training and testing, as well as a persistent pitch on generics education to be pushed to consumers, to support this proposition. They will also exclusively sell pharmaceuticals at standardised Zeno-determined prices, with 100 percent of the supply of medicines coming from Zeno or Zeno affiliates for the predetermined assortment. This will help us maintain transparency and allow our partners to earn reasonably."

This is a once-in-a-lifetime opportunity to be a part of history in the making. Come join the revolution today!

For more information, click https://zeno.health/campaign/franchise

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