Ratan Tata backed Generic Aadhaar achieves another milestone; opened 29 franchises in a single day

5^th April, 2022: India's fastest growing pharma retail chain, Generic Aadhaar, has achieved another milestone by opening 29 franchises in 29 different districts across India in a single day. 19-year-old Arjun Deshpande’s Generic Aadhaar provides high-quality medicine at up to 80% off from manufacturers to end-users directly, eliminating middle-chain costs such as marketing, distribution, stocking, and supply chain through its unique pharmacy-aggregator business model.

Generic Aadhaar stores were inaugurated in both metro and remote cities like Chennai, Guntur, Thiruvarur, Ahmedabad, East Delhi, Navi Mumbai, Mahabubnagar, Gaya, Thane, Bangalore, Lucknow, Bardhman, West Tripura, etc. Currently, there are Generic Aadhaar franchise owners in every state. From the day of its inception, Generic Aadhaar proudly supports youth and women empowerment by providing an opportunity to run a sustainable business with them.

Generic Aadhaar’s franchise model provides business opportunities to start a new business and supports existing small local pharmacies facing stiff competition from global names in pharmaceuticals. In 29 stores launched, 11 stores are owned by women. It is making the lives of 130 crores Indians better by providing basic medicines on a budget and creating exceptional employment opportunities.

Commenting on the inauguration, Mr Arjun Deshpande, Founder & CEO of Generic Aadhaar, said, “We firmly believe that India needs more job creators, not job seekers. Through our business model, we are trying to deliver the same. We are making high-quality medicines available to 130 crores people of India, but that is not our only goal. Generic Aadhaar vision is to create a revolution in the Pharma industry and also in the lives of common people by giving them self-sustaining employment opportunities for financial independence. The inauguration of 29 Generic Aadhaar franchises is another big milestone for us that showcases our commitment and undying value to making the lives of the common people of India better every day. Entrepreneurship is the need of the hour, and we are extremely proud to play a part in many success stories to come”.