Resurfacing: Reliance Retail's January 2023 move to take Netmeds offline with Chennai pharmacy store
Reliance Retail opened a Netmeds store in Chennai back in January 2023, extending its digital pharmacy brand into physical 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 physical retail.
Why this matters
The January 2023 Chennai opening follows Reliance Retail’s August 2020 acquisition of 60% of Netmeds parent Vitalic Health for ₹620 crore and is being revisited alongside another signal on Netmeds’ first Chennai pharmacy store.
Omni-channel is accelerating, up 201800% QoQ.
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