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MedPlus To Set Up 1,100 Franchise Stores; Ties Up With SBI

Industry Retailing

MedPlus Health Solutions Pvt Ltd will set up 1000 MedPlus franchise stores across Andhra Pradesh and Telangana. It has collaborated with State Bank of India which will extend flexible loans to the franchisees. A typical MedPlus franchise store will be around 300-500 sqft and requires a total investment of around Rs. 15-20 lakh.

Extracted from HBL, May 05,’16

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