AFTER TELECOM AND ONLINE RETAIL, RIL PLANS TO TAKE OVER NETMEDS

Highlights

• Reliance Industries Limited (RIL) is likely to acquire Netmeds for around $120 million 

• Chennai-based Netmeds was founded in the year 2015 by Pradeep Dadha

• Until now, Netmeds has announced three rounds of funding worth $100 million

According to the sources, India’s most valuable company owned by Asia’s richest man, Reliance Industries Limited (RIL) is plan....