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Tuesday, August 18, 2020

RIL takes 60% stake in e-pharmacy firm Netmeds

Reliance Industries (RIL) has acquired a 60% stake in online pharmacy retailer Netmeds for Rs 620 crore, upping its play in India’s burgeoning digital commerce market. The $87-billion company has routed the Netmeds acquisition deal through subsidiary Reliance Retail Ventures.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3hdvr6n

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