Reliance Retail acquires majority stake in Netmeds for Rs 620 crore

This investment represents 60 per cent holding in the equity share capital of Vitalic and 100 per cent direct equity ownership of its subsidiaries

reliance industries, RIL

RIL's acquisition comes at a time when arch rival Amazon has just started selling pharmaceutical products in Bangalore markets

The online pharmacy space is set to become a hotly contested segment with Reliance Industries (RIL) now throwing its hat into the ring. The Mukesh Ambani-owned conglomerate on Tuesday announced

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First Published: Aug 19 2020 | 0:01 AM IST

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