Reliance Retail buys 60% of NetMeds parent Vitalic Health for ₹620 crore
Reliance Retail acquires a majority stake in NetMeds parent Vitalic Health for ₹620 crore, entering the e-pharmacy market to challenge Amazon and PharmEasy amid rapid sector consolidation and regulatory uncertainty.
Reliance Retail acquired a 60% stake in NetMeds parent Vitalic Health for ₹620 crore, entering e-pharmacy to rival Amazon, amid regulatory uncertainty and industry consolidation like the PharmEasy-MedLife merger.