Madhukar Gangadi, founder and CEO of offline pharmacy MedPlus, has earned two very different reputations. Depending on which of his employees you ask, of course.
Some see the doctor-entrepreneur as a maverick, plunging headlong into a new business plan every quarter. From selling products as diverse as furniture, electronics, health insurance and diagnostics to renting out space in the company’s medicine warehouse. These employees say that since MedPlus’ inception in 2006, Gangadi has suggested every possible idea, tried to execute most of them, and subsequently withdrawn from the majority of them.