MR

Madhukar Reddy Gangadi

Active Director Managing Director DIN 00098097 India's Richest · #824
DIN 00098097 First appointment May 2004 Primary industry Pharma
Unlock full profile Investments · shareholding · contact details
Current companies 9 active board seats
Past companies 11 historical roles
Total affiliations 20 Since May 2004
Shareholding value •••• Premium profile

About Madhukar Reddy Gangadi

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Madhukar Reddy Gangadi is a Managing Director at Medplus Health Services Limited (since 2006), Director at Optival Health Solutions Private Limited (since 2005) and Director at Gangadi Investments Private Limited (since 2017), and holds 6 more current directorships. The companies operate in Pharma, Financial Services and Real Estate and Construction. The 7 current companies with reported revenue have a combined latest revenue of ₹13,084 Cr; the largest is Medplus Health Services Limited at ₹6,964 Cr (FY 2026). Earlier, Madhukar Reddy Gangadi was a Director at Kalyani Meditimes Private Limited (2019–2023) and Director at Maxrange Retail Private Limited (2011–2016) and 9 more.

Madhukar Reddy Gangadi is #824 among India's richest people (2026), with wealth of ₹3,700 Cr.

DIN 00098097
Primary Designation Managing Director
Industry Pharma
First Appointment 05 May 2004
Oldest Company Age 21 yrs
Largest company Medplus Health Services Limited · ₹6,964 Cr (FY 2026)
Combined revenue ₹13,084 Cr across 7 companies

Recognitions & Rankings

India's Richest People 2026 edition · Source: Hurun India
Rank#824
Wealth
₹3,700 Cr
Company
Medplus Health

Current companies

CompanyDesignationAppointmentFoundedRevenueStatus
Medplus Health Services Limited L85110TG2006PLC051845
Managing Director30 Nov 20062006₹6,964 Cr (FY 2026)Active
Director11 Jul 20052005₹6,059 Cr (FY 2025)Active
Gangadi Investments Private Limited U74999TG2017PTC120246
Director25 Oct 20172017₹45.12 Cr (FY 2025)Active
Director26 Mar 20192019₹8.84 Cr (FY 2025)Active
Director19 Sep 20132013₹6.80 Cr (FY 2025)Active
Director07 Nov 20202020₹1.09 Cr (FY 2025)Active
Agilemed Investments Private Limited U67100TG2008PTC058385
Director27 Mar 20082008₹6.3 Lakh (FY 2025)Active
Director06 Jun 20252025Active

Previous companies

CompanyDesignationAppointmentFoundedRevenueStatus
Kalyani Meditimes Private Limited U74999TN2016PTC111701
Director25 Sep 20192016₹3.7 Lakh (FY 2022)Active
Maxrange Retail Private Limited U52190TG2011PTC073981
Director19 Apr 20112011Strike Off
Director08 Feb 20072007₹13.13 Cr (FY 2025)Active
Mhs Pharmaceuticals Private Limited U24233TG2008PTC059624
Director12 Jun 20082008₹72.2 Lakh (FY 2024)Amalgamated
Director27 Dec 20132013₹23.95 Cr (FY 2025)Active
Director25 Jun 20102009Strike Off
Director24 Mar 20112011Strike Off
Director05 May 20042004Strike Off
Designated Partner01 Feb 20182018Strike Off

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Directorship timeline

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Agilepro (India) Ventures Llp
Agilemed Investments Private Limited
Hinshitsu Manufacturing Private Limited
Madhukar Gangadi Ventures Private Limited
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Shareholding and investment profile for Madhukar Reddy Gangadi

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Frequently Asked Questions about Madhukar Reddy Gangadi

Madhukar Reddy Gangadi currently holds 9 directorships: Medplus Health Services Limited (Managing Director, since 30 Nov 2006, revenue ₹6,964 Cr (FY 2026)); Optival Health Solutions Private Limited (Director, since 11 Jul 2005, revenue ₹6,059 Cr (FY 2025)); Gangadi Investments Private Limited (Director, since 25 Oct 2017, revenue ₹45.12 Cr (FY 2025)); Madhukar Gangadi Ventures Private Limited (Director, since 26 Mar 2019, revenue ₹8.84 Cr (FY 2025)); Hinshitsu Manufacturing Private Limited (Director, since 19 Sep 2013, revenue ₹6.80 Cr (FY 2025)); and 4 more.

Madhukar Reddy Gangadi was first appointed on 05 May 2004 as Director at Vipani Global Trading Private Limited. The most recent appointment on record is 06 Jun 2025 at Foundation For Research And Innovation In Policy.

The 7 current companies of Madhukar Reddy Gangadi that report revenue have a combined latest revenue of ₹13,084 Cr: Medplus Health Services Limited ₹6,964 Cr (FY 2026); Optival Health Solutions Private Limited ₹6,059 Cr (FY 2025); Gangadi Investments Private Limited ₹45.12 Cr (FY 2025); Madhukar Gangadi Ventures Private Limited ₹8.84 Cr (FY 2025); Hinshitsu Manufacturing Private Limited ₹6.80 Cr (FY 2025); and 2 more.

Madhukar Reddy Gangadi held 11 earlier board appointments: Kalyani Meditimes Private Limited (Director, 25 Sep 2019 to 18 Jan 2023); Maxrange Retail Private Limited (Director, 19 Apr 2011 to 31 Mar 2016); Wynclark Pharmaceuticals Private Limited (Director, 08 Feb 2007 to 27 Jul 2012); Mhs Pharmaceuticals Private Limited (Director, 12 Jun 2008 to 04 Apr 2011); Dureleg Manufacturing Private Limited (Director, 27 Dec 2013 to 15 Mar 2017); and 6 more.

The current boards of Madhukar Reddy Gangadi's companies include Ajit Pandurang Rangnekar (Medplus Health Services Limited), Aparna Surabhi (Medplus Health Services Limited), Bhaskar Reddy Cherukupalli (Medplus Health Services Limited), Mohanakrishna Reddy Arvabumi (Medplus Health Services Limited), Muralidharan Thyagarajan (Medplus Health Services Limited), Shrenik Soni (Medplus Health Services Limited), among others.

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