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Dava Discount, a division of Rajnish Wellness Limited (a BSE-listed company), is focused on providing affordable and accessible healthcare by offering branded medicines at a 25% discount off the Manufacturer's Retail Price (MRP). This initiative seeks to address the rising costs of healthcare, which can make it difficult for certain segments of the population to access the medications they need, sometimes with serious or fatal consequences.
The core mission of Dava Discount goes beyond just offering discounted medicines; it's driven by a strong social cause: ensuring that essential healthcare is within reach for everyone, regardless of their financial situation. With the increasing cost of pharmaceuticals, many people are left without the ability to afford even basic treatments, leading to potential health risks or worsening of medical conditions. Dava Discount aims to counteract this challenge by offering quality branded medicines at an affordable price, ensuring that cost is not a barrier to good health.
The company is continuously working to expand its network, ensuring that it reaches a larger audience and serves more communities across the region. In doing so, Dava Discount hopes to become a significant player in the online pharmacy space, offering the best prices in the industry while promoting customer satisfaction. The company’s goal is not only to drive sales but also to create positive social impact, making sure that every individual, regardless of their socioeconomic status, can access the necessary medicines for their well-being.
Dava Discount is expanding its reach through a franchise model, aiming to extend its mission of providing affordable healthcare to more regions and communities. By partnering with franchisees, Dava Discount seeks to build a network of local stores or online platforms that deliver branded medicines at a 25% discount off MRP, making healthcare more accessible.
Key Features of the Dava Discount Franchise:
Benefits for Franchisees:
Operations Commenced On 2015
Franchise Commenced On 2020
Investment INR 10lakh - 20lakh
Franchise/Brand Fee INR 295000
Royalty/Commission 8 %
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment 71 %
Likely pay back period of capital for a Unit Franchise 1-3 Years
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this franchise opportunity Commercial
Floor area requirement 200 - 250 Sq.ft
Preferred location of unit franchise outlet PAN INDIA
Franchisee training location Head office
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is the term renewable? Yes
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