RELIANCE ACQUIRES MAJORITY STAKE IN ONLINE PHARMA STORE NETMEDS FOR $83.08

Highlights

• According to Reliance, its investment represents 60 percent holding in Vitalic Health Pvt. Ltd and 100 percent in its subsidiaries, Health Private Limited, Netmeds Market Place Limited and Dadha Pharma Distribution Pvt. Ltd

• Recently e-commerce giant Am...