Mukesh Ambani's Reliance Retail, one of Asia's biggest rich, has now entered the pharma sector. Reliance Retail Ventures Limited has bought a majority stake in Digital Pharma Market Place Netmeds for Rs 620 crore. Reliance Industries Limited has given this information in a statement released late on Tuesday. The company statement said that through this investment, it has acquired close to 60 per cent of Vitalik and 100 per cent direct equity share capital in its subsidiaries Tresra Health Pvt Ltd, Netmeds Market Place Ltd and Dadha Pharma Distributions Pvt Ltd. Vitalik Health and all its subsidiaries are known as NetMeds.
