Reliance Retail Opens First Offline Netmeds Store in Chennai, Goes Omnichannel in Pharma
Reliance Retail has launched its first physical Netmeds pharmacy in Chennai, extending the online drug retailer it acquired in 2020 into a brick-and-mortar model. The move signals an omnichannel push to capture India's fragmented offline pharma market alongside digital sales.
Reliance Retail entered offline pharmacy retail by opening its first physical Netmeds store in Chennai, extending the online pharmacy (acquired 2020) into an omnichannel model to compete in India's offline and online pharma market.
Why this matters
The Chennai store extends Netmeds beyond its 2020 online acquisition, echoing recent signals that Reliance Retail is taking Netmeds offline with its first physical pharmacy to build an omnichannel pharma footprint.
Store openings holding steady with 1,181 signals in the past 90 days.