Resurfacing a January 2023 move: Reliance Retail took Netmeds offline with first Chennai pharmacy store
Reliance Retail had opened a Netmeds physical store in Chennai back in January 2023, extending its digital pharmacy brand into offline retail and signalling an omni-channel push in healthcare retail.
Reliance Retail entered offline pharmaceutical retail by opening a Netmeds store in Chennai, extending the digital pharmacy brand into a physical retail format.
Why this matters
The Netmeds store opening fits Reliance Retail's broader digital-to-physical strategy, alongside its June 2020 JioMart kirana-led commerce rollout and recent signals on Q1 revenue growth and hyperlocal grocery profitability.
Omni-channel is steady, with 1,609 signals recorded in the past 90 days.