Netmeds Goes Offline: Reliance Opens First Brick-And-Mortar Pharmacy In Chennai
Reliance Retail is taking its acquired online pharmacy brand Netmeds into physical retail, launching its first offline pharma store in Chennai. The move marks an omni-channel push beyond e-commerce and pits Reliance against Apollo, Tata 1mg and PharmEasy in the fast-growing pharmacy retail space.
Reliance Retail expands its acquired online pharmacy brand Netmeds into physical retail with its first brick-and-mortar pharmacy store in Chennai, marking entry into offline pharma retail beyond its existing e-commerce channel.
Why this matters
Reliance's acquired online pharmacy Netmeds is now going physical, its first offline store in Chennai marking a shift from pure e-commerce toward an omni-channel pharmacy play against established rivals.
Store openings holding steady with 1,029 signals tracked over the last 90 days.