Reliance Takes Netmeds Offline With First Brick-And-Mortar Pharmacy In Chennai
Reliance Retail has opened its first physical Netmeds pharmacy store in Chennai, pushing the online pharmacy brand it acquired in 2020 into offline retail. The move signals an omni-channel play in India's fast-growing pharmacy market.
Reliance Retail launched its first Netmeds brick-and-mortar pharmacy store in Chennai, extending the online pharmacy brand into offline retail. Reliance acquired Netmeds in 2020 and is now expanding its footprint in India's pharmacy market.
Why this matters
Reliance is extending Netmeds beyond its 2020 online acquisition into physical retail, opening its first Chennai store and entering offline pharma to build an omni-channel presence.
Store openings held steady with 1,069 signals over the last 90 days.
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