Indian medicine margins exceed 65% with value captured by unorganized middlemen
Anup Jain · Anup Jain, Orios Venture Partners, on identifying the best founders & investing in Consumer Brands · May 24, 2020 · at 23:08
Anup Jain, Managing Partner at Orios Venture Partners, explains the supply chain inefficiency thesis that led Orios to invest in online pharmacy PharmEasy.
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“The actual cost or the margins of the product, which is a medicine was extremely high upwards of, you know, 75, 65, 75%. And a large part of that value was being cornered by the unorganized players of stock is distributors and various middlemen.”
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