Reliance Retail Opens First Netmeds Physical Pharmacy Store in Chennai
Reliance Retail has launched its debut Netmeds brick-and-mortar pharmacy in Chennai, extending the brand it acquired in 2020 from e-pharmacy into offline drug retail and intensifying competition in physical pharmacy.
Reliance Retail opened its first Netmeds physical pharmacy store in Chennai, expanding beyond online pharmacy into offline drug retail. Reliance acquired Netmeds in 2020 and now competes in brick-and-mortar pharmacy alongside its e-pharmacy platform.
Why this matters
The Chennai store extends Netmeds beyond its 2020 online-only roots, signaling Reliance Retail's push to take the pharmacy brand offline and compete directly in physical drug retail.
Store openings held steady with 1,193 signals over the last 90 days.