Reliance Retail Takes Netmeds Offline With First Physical Pharmacy Store In Chennai
Reliance Retail has opened a Netmeds-branded physical pharmacy in Chennai, extending the online medicine platform it acquired in 2020 into brick-and-mortar retail. The move deepens Reliance's healthtech and pharmacy footprint and builds an omnichannel drug-retail play.
Reliance Retail launched a Netmeds-branded physical pharmacy store in Chennai, expanding the Netmeds business (acquired 2020) from online medicine delivery into offline pharmacy retail, deepening its healthtech and pharmacy footprint.
Why this matters
After acquiring Netmeds in 2020 as an online medicine platform, Reliance Retail is now moving the brand offline with its first physical pharmacy in Chennai, signaling an omnichannel pharmacy expansion.
Store-opening activity holding steady with 1,196 signals in the last 90 days.