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 online medicine brand into physical retail. The move signals an omni-channel push into offline pharma, a fast-consolidating category dominated by players like Apollo and Tata 1mg.
Reliance Retail has entered offline pharmacy retail by opening a Netmeds physical store in Chennai, expanding the Netmeds brand from online medicine delivery into brick-and-mortar pharma retail.
Why this matters
Netmeds, Reliance's online pharmacy brand, is stepping offline for the first time with a Chennai store, mirroring rivals Apollo and Tata 1mg as the pharma retail category consolidates around omni-channel models.
Store-opening activity is steady, with 955 signals logged over the last 90 days.