Reliance Retail's Netmeds Went Offline With First Pharmacy Store in Chennai: Resurfacing a January 2023 Move
Resurfacing a January 2023 move, Reliance Retail had opened a Netmeds physical pharmacy in Chennai, extending its digital medicine-delivery brand into offline retail and signalling a broader omnichannel healthcare play.
Reliance Retail entered offline pharmacy retail by opening a Netmeds store in Chennai, extending the digital pharmacy brand into a physical retail format.
Why this matters
The Chennai opening aligns with recent Reliance Retail signals on taking Netmeds offline and opening its first offline pharmacy store, marking a shift from medicine delivery toward omnichannel healthcare retail.
Omni-channel is accelerating, up +209000% QoQ.
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