Reliance Retail buys 60% of NetMeds parent Vitalic Health for ₹620 crore
Reliance Retail acquired a majority stake in NetMeds' parent Vitalic Health for ₹620 crore, entering the online pharmacy market to rival Amazon. Regulatory uncertainty and chemist opposition remain hurdles, as PharmEasy-MedLife consolidation reshapes the sector.
Reliance Retail acquired a 60% stake in NetMeds' parent Vitalic Health for ₹620 crore, entering online pharmacy to rival Amazon. Regulatory uncertainty and chemist opposition remain hurdles; PharmEasy-MedLife merger noted separately.