Reliance Retail Takes Netmeds Offline With First Physical Pharmacy Store In Chennai
Reliance Retail has opened a Netmeds-branded pharmacy store in Chennai, extending its acquired online drug brand into brick-and-mortar retail. The move signals intent to build an omni-channel presence in India's fragmented offline pharmaceutical market.
Reliance Retail entered offline pharmacy retail by opening a Netmeds store in Chennai, extending the acquired brand from ecommerce into physical retail and signaling intent to compete in India's offline pharmaceutical retail segment.
Why this matters
The Chennai store marks Netmeds' shift from a purely online drug retailer to omni-channel, building on Reliance Retail's expanding physical footprint across categories.
Store openings remain steady with 1,149 signals tracked over the past 90 days.