Reliance Retail Takes Netmeds Offline With First Physical Pharmacy Store In Chennai
Reliance Retail has launched its first Netmeds brick-and-mortar pharmacy in Chennai, extending the acquired online drug brand into offline retail. The move signals an omni-channel push into India's fragmented pharmacy sector against rivals like Apollo, Tata 1mg and PharmEasy.
Reliance Retail has entered offline pharmaceutical retail by launching a Netmeds physical store in Chennai, expanding its acquired Netmeds brand from online into brick-and-mortar pharmacy operations.
Why this matters
Marks Netmeds' shift from online-only to omni-channel under Reliance Retail, opening its first physical Chennai pharmacy to compete offline with Apollo, Tata 1mg and PharmEasy.
Store-opening activity is steady with 1,189 signals in the past 90 days.
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