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Reliance acquires majority stake in Netmeds

Reliance acquires majority stake in Netmeds

Mumbai/UNI: Mukesh Ambani's Reliance Industries Limited (RIL) said that its subsidiary Reliance Retail Ventures Limited (RRVL) has acquired a majority equity stake in Vitalic Health Pvt Ltd and its subsidiaries (collectively known as Netmeds) for a cash consideration of approximately Rs 620 crore.

Netmeds.com plans expansion in eastern region

Netmeds.com plans expansion in eastern region

Kolkata, Sept 30 (IBNS): The Dadha Group owned NetMeds.com, India’s first e-marketplace for pharma to offer delivery across the country, plans to set up operations in Kolkata to fulfil the growing demand for medicine to treat chronic ailments such as diabetics, hyper tension, among others, in the eastern region.