India’s Reliance Retail acquires a majority stake in online pharmacy Nedmeds’ parent firm for $83.2M - TechCrunch

Reliance Retail has bought a 60% stake in pharma marketplace Netmeds’ parent firm Vitalic for about $83.2 million, it said today, as India’s largest retail chain looks to expand into new categories and compete more closely with American e-commerce group Amazo… http://techcrunch.com/2020/08/18/indias-reliance-retail-acquires-a-majority-stake-in-online-pharmacy-nedmeds-for-83-2m/