Reliance Retail's Netmeds offline push resurfaces: Chennai pharmacy store move from January 2023
Resurfacing a January 2023 move, Reliance Retail had opened a Netmeds physical pharmacy in Chennai, extending its e-pharmacy business into offline retail and signalling a broader omnichannel healthcare play.
Reliance Retail entered offline pharmaceutical retail by opening a Netmeds store in Chennai, extending the e-pharmacy brand into physical retail.
Why this matters
The Chennai opening aligns with resurfaced signals on Netmeds entering offline pharmacy retail and opening its first Chennai pharmacy store, indicating Reliance Retail's broader omnichannel healthcare expansion.
Omni-channel is accelerating, up +211700% QoQ.