Reliance Retail takes Netmeds offline with Chennai store launch
Reliance Retail has opened a Netmeds pharmacy store in Chennai, extending the digital health platform into physical retail and signalling an omnichannel push in pharmacy.
Reliance Retail has entered offline pharmaceutical retail with the opening of a Netmeds store in Chennai, extending its digital pharmacy brand into physical retail.
Why this matters
The Netmeds store move follows Reliance Retail's JioMart grocery ordering and payments rollout on WhatsApp in August 2022 and its kirana-led digital commerce plan from June 2020, extending its digital commerce model into pharmacy retail.
Omni-channel is steady, with 1,625 signals recorded in the past 90 days; no QoQ change was provided.