Reliance Takes Netmeds Offline With First Physical Pharmacy Store In Chennai
Reliance Retail has opened its debut Netmeds brick-and-mortar pharmacy in Chennai, pushing the acquired online medicine brand into offline retail to challenge established chains in India's fragmented pharmacy segment.
Reliance Retail launched its first Netmeds physical pharmacy store in Chennai, expanding the acquired brand from online medicine delivery into offline brick-and-mortar pharmacy retail to compete in India's offline pharmacy segment.
Why this matters
Netmeds, acquired and run online by Reliance Retail, is making its first offline push with a Chennai pharmacy, signaling an omnichannel play against entrenched pharmacy chains in India.
Store-opening activity is steady with 1,115 signals tracked over the past 90 days.