Netmeds Announces First Retail Store Opening - GADGETS AND INNOVATIONS

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Friday, November 30, 2018

Netmeds Announces First Retail Store Opening


- Netmeds Pharmacy marks the launch of the company’s franchise model, which will improve access to affordable healthcare for customers
- The 5-year plan for the programme is to achieve a target of opening a minimum of 1,000 stores across the country.

Netmeds.com announces the opening of Netmeds Pharmacy, a brick-and-mortar store in Nanded, Maharashtra, as the first Netmeds franchisee. The Netmeds Franchise programme will see the launch of a number of branded stores across the country, in locations ranging from metros like Chennai, Bangalore, Mumbai and Delhi to Tier 2, 3 cities like Surat, Ahmedabad, Pali, Rajasthan and Balurghat, West Bengal.


Netmeds Pharmacies will ensure customers have better access, assured quality, and convenience, while the entire franchise model will helpcreate jobs in local communities and boost the retail economy.

Going ahead, Netmeds plans to offer more in-store benefits and lower prices for customers over time as the two models integrate logistics and point-of-sale and merchandising systems. The company will maintain operations under the Netmeds brand, preserve its high standards and commitment to providing the highest standards in healthcare, and continue to source from trusted vendors and partners.


Chennai, November 30, 2018

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