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Reliance Retail Ventures has bought 100% direct ownership of which online pharmacy company recently?
  • a)
    Swasthyashopee
  • b)
    Comedz
  • c)
    Netmeds
  • d)
    Myramed
  • e)
    EMedix
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Reliance Retail Ventures has bought 100% direct ownership of which onl...
Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Industries Limited (RIL) has acquired 60% equity stake in Vitalic Health Pvt Ltd(Vitalic) and 100% direct equity ownership of its subsidiaries namely Tresara Health Private Limited, Netmeds MarketPlace Limited and Dadha Pharma Distribution Pvt Limited (collectively known as Netmeds) for a cash consideration of around Rs 620 crore (USD 83.08 million). The deal values Netmeds around Rs 1,000 crore. RRVL’s investment is aligned with its commitment to provide digital access to everyone in India.
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Reliance Retail Ventures has bought 100% direct ownership of which onl...
Myramed
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Reliance Retail Ventures has bought 100% direct ownership of which online pharmacy company recently?a)Swasthyashopeeb)Comedzc)Netmedsd)Myramede)EMedixCorrect answer is option 'C'. Can you explain this answer?
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