Reliance Industries hands Netmeds investors a mixed bag of returns
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Reliance Industries hands Netmeds investors a mixed bag of returns

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Reliance Industries hands Netmeds investors a mixed bag of returns
Credit: 123RF.com

When mid-market investment bank MAPE Advisory Group decided to invest in Netmeds Marketplace Ltd in 2015, the online pharmacy venture was yet to launch its business. Fast-forward five years and the Bengaluru-headquartered company may have walked home with returns that are way above the benchmark after Reliance Industries Ltd acquired the ......

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