Reliance Retail Launches First Offline Netmeds Pharmacy Store In Chennai
Reliance Retail extends its 2020 Vitalic Health acquisition (~INR 620 Mn deal, ~INR 4,650 Cr Netmeds valuation) into brick-and-mortar pharma retail, adding a physical Netmeds store alongside its grocery, fashion and electronics formats.
Reliance Retail opens its first offline Netmeds pharmacy store in Chennai, extending its 2020 Vitalic Health acquisition into brick-and-mortar pharma retail alongside grocery, fashion, and electronics.