Reliance Retail opens first offline Netmeds pharmacy store in Chennai
Reliance Retail steps into brick-and-mortar pharma with a Netmeds store in Chennai, five years after taking a 60% stake (INR 620 Cr) in the online pharmacy's parent, setting up direct offline competition with Apollo Pharmacy, Tata 1mg and PharmEasy.
Reliance Retail launches its first offline Netmeds pharmacy store in Chennai, entering brick-and-mortar pharma retail after acquiring a 60% stake in Netmeds' parent in 2020.