Growth / PharmEasy
Building PharmEasy's FOCO retail chain
A FOCO retail chain across four cities, CM2-positive in eight months
2022 – 2024By Chirag DoshiProject notes
- 4
- Cities
- 8 months
- To CM2 profitability
- ₹80L
- Combined monthly GMV
The short version
Launched and scaled a franchise-owned, company-operated chain of physical medical stores for PharmEasy.
The challenge
Offline pharmacies still captured most of the market; PharmEasy needed a capital-light way to own physical presence and drive app adoption.
The work behind it
- Wrote the operational playbook for launching and running stores and built a 140+ member team.
- Negotiated store layouts and interiors with vendors to optimise capex.
- Lifted first-fill procurement rate from 63% to 92% through sales-trend analysis and warehouse availability; streamlined audits to keep losses under 1% of inventory value.
- Implemented Leadsquared for franchise onboarding, an automated 9-Box ordering flow integrated with the POS, and a cloud mPOS billing app.
What changed
- Reached CM2 profitability within eight months.
- Combined monthly GMV scaled to ₹80 lakh; the separate Health Partner Network generated ₹4Cr+ monthly business.