Reliance Takes Netmeds Offline With First Physical Pharmacy Store In Chennai
Reliance Retail has opened its first brick-and-mortar Netmeds pharmacy in Chennai, pushing the 2020-acquired ePharmacy brand into offline retail. The move builds an omni-channel play to challenge incumbents in India's fast-growing pharmacy market.
Reliance Retail opened its first physical Netmeds pharmacy store in Chennai, extending the acquired brand beyond ePharmacy into offline pharmaceutical retail and combining online-offline channels to compete in India's growing pharmacy sector.
Why this matters
The Chennai opening marks Netmeds' shift from a purely online pharmacy, acquired by Reliance in 2020, into physical retail, signaling an omni-channel push against established pharmacy chains in India.
Store openings holding steady with 1,122 signals tracked over the past 90 days.