Reliance Retail takes Netmeds offline with first physical pharmacy store in Chennai
Reliance Retail has opened a Netmeds brick-and-mortar pharmacy in Chennai, extending the brand beyond online medicine delivery into offline retail and signaling an omni-channel push in India's pharmacy market.
Reliance Retail has entered offline pharmacy retail by opening a Netmeds physical store in Chennai, expanding the brand beyond its online medicine delivery business into brick-and-mortar pharmacy.
Why this matters
Netmeds, an online pharmacy under Reliance Retail, is entering physical retail for the first time. The Chennai store launch marks a shift from pure e-pharmacy toward an omni-channel model in India's competitive pharmacy market.
Store-opening activity holding steady with 1,110 signals over the past 90 days.
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