The online pharmacy market in India is always a profitable venture. According to the latest survey, it is expected to cross $2.7 billion by the end of the year 2023. The tremendous growth in this sector is mostly attributed to several factors, including the rise in internet access, the ageing population, and the rise in per capita income, etc. SastaSundar is one of India’s renowned online pharmacy company, with more than 350 Healthbuddy stores across India.
They are also hugely popular for their curated medical products available at affordable rates. If you are looking to become an entrepreneur and start your own business, please read this franchise guide about how to start a SastaSundar Franchise in your city. We’ll be providing every bit of information you need to get your own franchise.
History of SastaSundar
Launched in 2014 in Kolkata, SastaSundar is an innovative online platform for medicinal products and healthcare services. The digital pharmacy offers only genuine and branded products at low costs and delivered to doorsteps. Apart from medicinal products, SastaSundar offers various other products and services, including beauty, personal care, health tools, ayurvedic and herbal, etc.
The franchise was started by Banwari Lal Mittal and the name SastaSundar refers to “Savings” and “Quality” in Hindi. The franchise is owned and operated by SastaSundar Ventures Ltd. They also have their own & dedicated plant in Baruipur, West Bengal. In 2018, a renowned Japanese investor, Rohto Pharmaceuticals, has invested around 5 million USD in expanding its operations across the country.
What is the USP of SastaSundar?
One of the main USP of SastaSundar is that it’s a one-stop shop for all your medical needs. Yes, not only they offer pharmacy services, but they also offer complete healthcare services along with various wellness and counselling centres called Healthbuddies. SastaSundar is also renowned for various other factors, including:
- Offers only genuine products at affordable prices
- Provide free doorstep delivery
- Various healthcare services provided
- Option to book an appointment with a doctor online
- Pill Organizer feature that reminds you and keeps track of your daily dosage of medicines
- Mobile applications available to order online
- Top-quality diagnostic services offered
- Home service for elders and patients to receive treatment from the comfort of their home
- Easily reduce your weight through online diet consultation with experts and dieticians.
Requirements for Starting a SastaSundar Franchise in India
If you are looking to open a franchise of SastaSundar, then please read carefully the requirements that need to be fulfilled:
To start a SastaSundar franchise, you need to have a minimum area measuring around 120 sq ft. in prime commercial space.
Experience & Skills
If you are looking to get a Sastasundar Pharmacy Franchise, it is ideal to have some experience in the pharmacy industry. Suppose you already have some experience working in a pharmacy or running a pharmacy of your own. In that case, you will have higher chances of getting the franchise. You also need to have some basic knowledge of computers for billing purposes.
SastaSundar will provide every franchise owner with the needed training to get accustomed to their billing software, products, services offered, etc. An IT team from SastaSundar will offer complete knowledge transfer to run the digital pharmacy without any issues. They will also provide an easy to use instruction manual with all the details about the products offered, pricing structure, etc.
Like every other pharmacy, you need to have one person to handle the billing activities, 2 persons to take care of daily sales and attend to customers and a delivery person to take care of home deliveries.
SastaSundar also offers a monthly earnings calculator that allows you to calculate your earnings per month easily. All you need to do is the number of households in your area, the number of households expected to be your customers in the next 6-12 months, the average monthly OTC and other product orders expected in a month, etc. When you key in these details, you will get a rough estimate of the gross monthly income in 6 months along with the gross total orders, etc.
Investment – How Much Does a SastaSundar Franchise Cost in India?
The total cost required to open the franchise may vary between 2.5 to 3 lakh rupees. It includes the security deposit, franchise fee, drug license, cost to set up your store, along with other things including a refrigerator, printer, computer, etc.
How to Apply for a SastaSundar Franchise?
To open a SastaSundar Franchise, you can visit their website and fill in the required details here. You will be asked to enter your name, address, type, property (rented, own), a picture of your property, etc.
Once you have sent your application, the franchise approval team will analyze your request. If your details match their requirements, you will be called for a personal interview. Once you clear that interview, a crew from SastaSundar will visit your place to check if it is feasible for sales, etc. You will also be provided with the needed training and IT support and help you set up your store.
You can also contact them for other enquiries here:
SastaSundar is a one-stop-shop for all your medical needs and healthcare services. The motto of this company is to provide customers with genuine products at genuine prices. They feel that customers looking for any medical requirements, including medicines, healthcare and wellness services, doctor appointments, health care at home services, need to present in one place conveniently. SastaSundar has been doing that job perfectly for many years now, and that is the main reason they are highly renowned in this sector.
Suppose you already have some experience in running a pharmacy or worked in the pharmacy industry. In that case, you have a higher chance of grabbing the opportunity to open your own Healthbuddy store.
If you are looking to start a business of your own, then this is the perfect time to take your own SastaSundar Pharmacy Franchise. I hope we’ve given you every piece of information that you need to open a SastaSundar franchise. If you still have any queries or suggestions, please feel free to let us know in the feedback section below.