Reliance's Netmeds Opens First Physical Pharmacy Store in Chennai
Reliance Retail has taken its online pharmacy brand Netmeds offline, launching its first brick-and-mortar store in Chennai. The move marks Netmeds' physical retail debut and complements its existing online medicine delivery business, four years after Reliance acquired the brand in 2020.
Reliance Retail entered offline pharmaceutical retail by launching a Netmeds physical store in Chennai, marking the online pharmacy brand's brick-and-mortar debut. Reliance acquired Netmeds in 2020; the move complements its existing online medicine delivery business.
Why this matters
Netmeds shifts from pure online delivery to an omni-channel model with its first Chennai store, four years after Reliance's 2020 acquisition, expanding its pharmacy footprint offline.
Omni-channel activity holding steady with 1,088 signals over the last 90 days.