VIDEO: Why RIL bought Netmeds, and what this means for e-pharma

Reliance Industries (RIL) announced the acquisition of a 60 per cent stake in online pharmacy company Netmeds' parent company in Vitalic Health for Rs 620 crore valuing it at Rs 1,000 crore. The acquisition gives RIL's retail unit Reliance Retail entry into a vertical e-commerce space, in addition to its online grocery platform JioMart
Published: Aug 20, 2020

Disclaimer: Reliance Industries is the owner of Network 18, the publisher of Forbes India

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