Reliance Retail Opens First Offline Netmeds Store In Chennai
Reliance Retail has taken its Netmeds pharmacy brand from online into brick-and-mortar, opening its first physical store in Chennai. The move marks Reliance's entry into India's organized offline pharmacy retail, setting up competition with established chains.
Reliance Retail entered offline pharmacy retail by opening the first physical Netmeds store in Chennai, extending its Netmeds brand from online to brick-and-mortar and competing in India's organized pharmacy retail market.
Why this matters
Netmeds shifts from a pure online pharmacy to an omnichannel model with its first Chennai store, signaling Reliance Retail's push into organized offline pharmacy retail against established chains.
Store openings holding steady with 1,183 signals over the last 90 days.