Reliance Retail Opens First Netmeds Physical Pharmacy Store In Chennai
Reliance Retail has launched its first offline Netmeds pharmacy in Chennai, extending the online pharmacy it acquired in 2020 into brick-and-mortar retail. The move builds an omnichannel play combining Netmeds' digital operations with physical stores.
Reliance Retail launched its first Netmeds physical pharmacy store in Chennai, entering offline pharma retail. The move builds an omnichannel presence combining the acquired online pharmacy's digital operations with brick-and-mortar retail.
Why this matters
The Chennai launch marks Netmeds' first move offline since Reliance Retail's 2020 acquisition, converging with recent signals on taking Netmeds into brick-and-mortar pharmacy retail.
Store-opening activity is steady with 1,004 signals recorded in the last 90 days.
Also reported by
- Inc42 · Quick Commerce — Same time