Netmeds Goes Offline: Reliance Opens First Physical Pharmacy Store in Chennai
Reliance Retail has launched its first brick-and-mortar Netmeds pharmacy in Chennai, taking the online-only brand it acquired in 2020 into offline pharmaceutical retail and signaling an omni-channel push in the fast-growing pharma segment.
Reliance Retail launched its first physical Netmeds pharmacy store in Chennai, expanding the previously online-only pharmacy brand into offline brick-and-mortar pharmaceutical retail. Reliance acquired a majority stake in Netmeds in 2020.
Why this matters
The Chennai launch takes Netmeds beyond its online-only roots since Reliance's 2020 acquisition, marking a deliberate omni-channel entry into India's fast-growing offline pharmaceutical retail market.
Store openings held steady with 1,194 signals over the past 90 days.