RIL and NETMEDS in Talks

Reliance Industries Limited ( RIL ) is in talks to buy a majority stake in Netmeds for about 130-150 million dollars.

Reliance Industries CEO Mukesh Ambani

Reliance Industries Limited ( RIL ) is in talks to buy a majority stake in Netmeds for about 130-150 million dollars.

In 2019, Reliance Industries Limited has acquired 82% stake in a Bangalaru based C-Square Info Solutions for a total of 82 crore rupees.

About Netmeds :

Netmeds ( tagline : India ki Pharmacy ) was founded by Pradeep Dadha in 2010 and its headquarter is at Chennai, Tamil Nadu. Netmeds is a subsidiary company of Dadha and Company, one of India's most trusted pharmacy company, with over 100 years' of experience in dispensing quality medicines.

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