Do you want to start a new franchise business of Pharmacy with a huge brand name for a little investment? If you answered ‘Yes,’ then this is a fantastic opportunity for you. Tata 1mg is a major developing e-pharmacy franchise that is now distributing new franchises to local players. You can work as a Health Partner or Sehat Ke Sathi under its scheme and earn a lot of money.
Now the Tata 1mg Franchise offers investors who want to do business and want their product to be popular everywhere and get more people to know about their product as well as a person who can invest money in the pharmaceutical industry. Yes, since you also have to spend a little in the beginning to get the benefits of anything, Tata 1mg can participate in the “Sehat Ke Saathi” initiative in a very big way. Below, we have shared the information about TATA 1mg Franchise 2024 Apply Online along with the Requirements, Investment Cost & Profit Margin. If you’re interested in the pharmacy business then Tata 1mg franchise partner registration is the best option for you.
TATA 1mg Franchise 2024 Apply Online
First and foremost, “1mg is an online pharmaceutical startup” founded in 2015 by Prashant Tandon, Gaurav Aggarwal, and Vikas Chauhan, initially the name of this company was 1mg but later changed after Tata Digital bought a majority stake in 1mg company, it was named Tata 1mg. Worked together with Tata 1mg The work of both was very successful so both names became a brand.
And also earned a lot of money and fame. Services offered by Tata 1mg include teleconsultation, lab test reservation, and online ordering of pharmaceuticals and health care supplies, Delivery included. Tata 1mg is now gaining credibility and has a bright future in the e-pharmacy market. In the below section, you can learn How to Apply for a TATA 1mg Franchise in 2024 including the details of its Requirements, Investment Cost, Profit Margin, Online Registration Process, Inquiry Contact Number, etc.
TATA 1mg Pharmacy Franchise Business Opportunity – Overview
| Company Name | Tata 1mg (previously 1MG) |
| Launched In | 2015 |
| Organization | TATA Digital Limited |
| Type | Private Company |
| Industry | E-pharmacy (Medical & Healthcare) |
| Services |
|
| Franchise Progam | Health Partner of Tata 1mg |
| Official Website | https://www.1mg.com/ |
| Post-Category | Franchise Inquiry |
Meaning of Tata 1mg “Sehat Ke Saathi” Program
The Tata 1mg company developed this affiliate program to boost its customer interest. Tata 1mg invites people to participate in their affiliate partnership program. These affiliate partners will be assigned an area, and it will be their responsibility to promote and deliver Tata 1mg medicines, and all services. If you wish to join Tata 1mg, please understand that it is not a franchise; instead, they have an affiliate program called ‘Sehat Ke Sathi’.
Requirements to Set Up Tata 1mg Franchise/ Dealership
- The applicant has a valid residential address.
- PAN card.
- Age proof.
- Valid commercial space location documentation.
- If you owned a business, you needed a GST number.
- An educational certificate is required.
Tata 1mg Franchise Business Profit Margin
The associate partner of Tata 1mg ‘Sehat Ke Sathi’ will receive a commission or profit margin for any goods and services sold. Within the corporation, there exist simple profit margin structures. The more sales you produce, the more money you will make. The profit margin varied depending on the product and service sold. However, the franchiser can get up to 20% to 30% profit under this franchise.
Required Business Documents
- Certificate of Incorporation.
- PAN card.
- GST No.
- Canceled cheque
- Shop License
- Establishment license
- Details of authorized signatory
- Details of Board Resolution
Steps to Apply for TATA 1mg Pharmacy Franchise 2024 Online
To know how to apply for the TATA 1mg Pharmacy Franchise Program, you have to follow the eligibility criteria for this. Then fill out the Tata 1mg Franchise application form in the prescribed format and submit it to the concerned authority.
- Creating a TATA 1mg Franchise Portal Account
- Completing the Application Form
- Submission of Necessary Documents
- Process of Review and Approval
- Wait for your approval process to complete.
Documents Required for Health Partner of Tata 1mg Franchise
- Your Name
- Adhar card
- Business Registration Documents
- Goods and Services Tax (GST) registration certificate
- Trade License
- Shop Establishment License
- Identity Proof
- Address Proof
- PAN Card
- Bank Account Details
- Business Plan
- References
- NOC from Landlord
- Healthcare Licenses (if applicable)
- Inventory and Stock Management Plan
- Financial Documents
- Photographs
Contact Number of TATA 1mg Pharmacy
- Health Partner of Tata 1mg
- Customer care Number: 1800 212 2323
- E-Mail Id: [email protected]
- CIN: U24290DL2016PTC302634
- Official website: https://www.1mg.com/
Frequently Asked Questions (FAQs)
Q.1 What is TATA 1mg?
- TATA 1mg is a major digital healthcare business that provides medical products and services online.
Q.2 Is it required to have prior medical experience to apply?
- No, there is no need for it. If the individual in front of you has extensive expertise, it is a plus for him. 1mg provides training to franchisees to ensure that they are well prepared.
Q.3 Can I apply for multiple franchise outlets?
- Yes, you can apply for multiple outlets, but each application will be reviewed separately based on location and feasibility.
Q.4 As a franchisee, what kind of continuous support can I expect?
- Inventory management, technological integration, and marketing initiatives are all supported by franchisees.
Q.5 How can I stay current on industry developments and product information?
- The franchise provides monthly training sessions and tools to keep franchisees up to date on industry trends.
