As Reliance acquires Netmeds, PharmEasy & Medlife seal merger
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Last night, Reliance officiated its entry into the online medicine delivery market by acquiring epharmacies startup Netmeds. While everyone is fussing over Reliance’s segway into this segment, other epharmacies companies Medlife and PharmEasy have pulled up their socks to seek the Competition Commission of India (CCI) approval on their merger. Medlife will sell 100% shares to PharmEasy’s parent company API Holdings.