Reliance Retail Opens First Offline Netmeds Store In Chennai, Enters Brick-And-Mortar Pharma
Reliance Retail, which bought a 60% stake in Netmeds for INR 620 Cr in 2020, launches its first physical pharmacy store in Chennai, signaling a shift to an omnichannel model to take on rivals 1mg and PharmEasy in India's pharma retail space.
Reliance Retail opens its first offline Netmeds pharmacy store in Chennai, piloting an omnichannel pharma model to compete with 1mg and PharmEasy.