Chennai

The programme will see the launch of several branded stores across the country, in locations ranging from metros like Chennai, Bengaluru, Mumbai and Delhi to Tier 2, 3 cities like Surat, Ahmedabad, Pali, Rajasthan and Balurghat, West Bengal.

Pradeep Dadha, Founder & CEO said, “The neighbourhood chemist shop and local pharmacist will continue to play an important role in the overall healthcare landscape, especially when it comes to serving acute needs. Our stores will fill a void in the market, especially in Tier 3 and 4 towns where there is a dearth of chemist shops.”

“Currently about 65% of our online business is coming from non-metros. While we fully intend to continue to serve them through Netmeds.com website and app, we believe we can enhance the customer experience and improve access with Pharmacies. The stores will offer access to medicines that may not be in stock locally, via our well-established supply chain, at lower prices,” said Dadha.

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.

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