Top Franchise Opportunities To Invest In This Pandemic 

on Jul 05, 2021 | 3167 views

Written by  Deepak Sah                                                                            June 5, 2021

We all know how COVID 19 has created a job crisis in the country and impacted our health and economy as well. Let's not sugar coat and let's accept the fact that covid-19 has disturbed all businesses  as whole. Many became jobless because maximum company reduced their workforce and many startups failed due to lack of support. In pandemic there is less demand and supply which resulted in failure of many business Idea because COVID 19 came out of syllabus.No one was prepared for this pandemic and the result we all have seen.

COVID 19 has affected the franchise industry as well and there is no doubt in it. The experts predicted a good growth rate of franchise business in 2019 and 2020. International Franchise Association in Feb 2020 also predicted that there will be decent growth in the franchise business and it will create more job opportunities. But suddenly COVID 19 came and it altered the prediction. Some franchise models were about to close like preschools, saloons.food outlets, Retail shops.

But the good news is that during the pandemic the franchise business was growing and there were many brands who expanded their business when the entire business was under lockdown. COVID 19 has impacted franchise business not only in a negative way but also in a positive way. There are many brands that handled this situation well and expanded themselves in this pandemic.

Top three sectors where you must invest in this pandemic:

  1. Edtech sector

  2. Generic Pharmacy sector

  3. Delivery and logistics sector

Edtech sector: While some sectors were fighting for survival in a pandemic, Edtech was growing in a pandemic.In Fact edtech collected around 2 Billion funding in pandemic,average CAGR is around 64% and supported by 10 million users  and it is expected to be around 30 billion in  market size by 2030. Due to the increase in cases of Covid in India, the government imposed a lockdown as a result all colleges,coachings and schools were closed and it contributed to the growth of online learning. The future of Edtech looks bright because people are adapting to the change.

Top franchise opportunities under the Edtech sector :

1.Virohan: It is one of the largest and fastest-growing edtech health care organisations.It provides a progressive career in the health care sector.The company aims to create India’s largest healthcare training company. In the healthcare sector, there is a demand of 65 lakh skilled workers but currently, there are only 4.5 lakh, skilled workers, so the company is trying to maintain equilibrium by training youths 

Courses it offers :

  • MLT

  • OTT

  • HA

  • Radiology etc

Why is Virohan the best franchise opportunity?

  • Presence of 60+ centres in more than 5 states

  • Tie-Ups with Wipro Gen Elc, Siemens and IMA 

  • Placement network of 650 hospitals and diagnostics centres.

  • Low Investment and a recession-proof business

  • High ROI

  • Exclusive partnerships with major healthcare sector influencers

  • Training and support.

  • Investment 

2.upgrade : It is an online education platform providing industry-related programs. The programs are designed and delivered in collaboration with world-class faculty and industry.

Courses it offers:

  • BBA,MBA

  • Data science 

  • Business Analytics

  • Machine learning

  •  Software and technology etc

Why is upgrade the best franchise opportunity?

  •  Brand recognition 

  • Investment - Rs 50,000 to 2 Lakh

  • Attractive earning 

  • Proven Business model 

  • Extensive support

  • Brand Leverage 

3.Adda247: It is an online learning platform for aspiring students. It helps students in preparation for govt jobs.

Courses it offers:

  • Banking

  • SSC

  • Railways

Why is Adda247  the best franchise opportunity?

  • 300+ coaching centres

  • Brand recognition

  • Training and support

  • Investment - Rs 50,000-1 lakh 

  • Tested business model

Delivery and logistics sector -There is no doubt that this pandemic has disturbed the various industries in India . But we all know every recession comes with an opportunity. Here also the same thing happened. In the pandemic, almost every business changed its business model. India imposed a lockdown to reduce the crowd in medical shops, malls, shops and restaurants. And this lockdown boosted the demand of courier, logistics and delivery franchises in India. The Indian courier market is growing with a growth rate of 25% and it is creating a new opportunity for entrepreneurs and other peoples.

Top delivery and logistic franchise opportunities under delivery and logistic sector :

1.Amazon delivery service partner/Amazon courier franchise: When it comes to start a courier or delivery franchise there is no doubt Amazon is the first choice of every investor. The name recognition of amazon is so high that everyone wants to join with that name. The investment required for taking this franchise is around 2 lakh to 6 lakh. And set-up cost is also less in this franchise.

What makes Amazon an ideal courier and delivery franchise opportunity?

  • No extra expenses required in Amazon’s franchise model.

  • .It has the best franchise model.

  • .Innovative technical support from Amazon

  • Brand recognition 

  • Amazon is the largest e-commerce company in India and has expanded all over India which means you are going to get lots of delivery opportunities.

.2.Ekart Logistic Franchise: Flipkart Pvt ltd is one of India's largest e-commerce companies launched Ekart logistic in 2009 and soon Ekart made its own identity in the market as the premium courier and logistic company.

What makes Ekart an ideal courier and logistics franchise opportunity?

  • It has more than 4000 serviceable pin codes in India.

  • Support of Flipkart is enough for its growth.

  • Expanded almost all over India

  • Most demanded courier and logistic franchise business after Amazon

  • Investment is around Rs 50000- Rs 1lakh

3. Delhivery: This company was started in 2011 and became a leading supply chain services company. The company is growing very fast and marked its presence in 2300 cities in India. Recently the company launched 3 mega trucking terminals in Delhi, Mumbai, and Bengaluru.

What makes Delhivery an ideal courier and logistic opportunity?

  • It has tie-ups with Flipkart, Amazon and Volvo.

  • Over 7500 businesses have already partnered with Delhivery.

  • Low investment required for its franchise model.( Rs 50,000- 2 lakh )

Generic pharmacy sector: We all know India is the largest producer of generic medicine. The best part about generic medicine is that it breaks the affordability barrier and easily is affordable and this is the reason many doctors suggest generic medicine in India. You will be surprised to know that generic drugs contribute 71% market share in pharmaceutical industry. Strong drug manufacturing and strong domestic demand are the growth drivers. One can open either a store or start an online pharmacy franchise.

Top Generic pharmacy franchise opportunities under generic pharmacy sector :

1.Genmart Generic Pvt Ltd: It is one of the fastest-growing pharmacies for healthcare and wellness requirements. The company was started in 2018 and started franchising in 2019.It has around 8+ franchise unit.The investment required is around 20 lakhs and royalty fees is around Rs 5 lakh

Why Genmart Generic Pvt Ltd as a pharmacy franchise opportunity?

  • 8+ franchise unit

  • Low investment

  • Name recognition 

  • Training and support

2.Generic Adhar: It is one of the fastest-growing generic pharmacies. The company was started in 2018 by Arjun Deshpande in Mumbai. The Investment required is around 4 lakh.

Why Genmart Generic Pvt Ltd as a  pharmacy franchise opportunity?

  • Earn 40% profit

  • Tech-enabled stores

  • Accept online orders 

  • Training and support

  • Low Investment 

  • You don’t need to be a pharmacist to take the franchise

3.Emedix: It is a online pharmacy which delivers both prescription and non-prescription medicines at your door step. It was started in 2016 and started franchising in 2018. It has around 20 units all across India. The investment required for this franchise is around Rs 5 lakhs. Royalty fees are around 1%.

Why Emedix as a pharmacy franchise opportunity?

  • Good return on investment

  • Territorial rights for a unit franchise

  • Low investment 

  • Training and support

  • 20+ stores in India

For any  franchise opportunities you can visit : Franchisebazar and you can select from listed brands from the website as per your  investment plan. You can also clear your doubts from experts.

 

 

 

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