Reliance Retail Takes Netmeds Offline With First Physical Pharmacy Store In Chennai
Reliance Retail has opened its first Netmeds brick-and-mortar pharmacy in Chennai, extending the online medicine brand it acquired in 2020 into offline distribution and building an omni-channel play in India's pharmacy retail market.
Reliance Retail launched its first Netmeds physical pharmacy store in Chennai, extending the online medicine brand acquired in 2020 into offline distribution and expanding its footprint in India's pharmacy retail segment across online and offline channels.
Why this matters
The Chennai launch extends Netmeds beyond its online roots since Reliance's 2020 acquisition, signaling an omni-channel push into India's pharmacy retail market via physical distribution.
Store openings holding steady with 1,226 signals over the past 90 days.
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