Reliance to acquire stock in Netmeds

#Reliance Industries are in talk to acquire majority stake in #Netmeds, an e-pharmacy, for $150 Million. Why this move matters? & where is Reliance Going?


Reliance Industries Limited spent close to $ 1 Billion dollar in recent acquisition of Tech companies + Startups. (Check table for details)


This acquisitions are green branches, still too young, touted to bring delicious fruits in returns. But question is again, what if these tender branches die? Answer: They won't. Reason is a very strong root of #Jio providing both nutrients (customer flow) & water (Funding).


Let us map acquired companies' synergy potential with current RIL's venture:


Netmeds' logistics will help JioMart while brand name can be used for future tel-medicine venture


Fynd & Grab will transform Reliance Retail & JioMart into major e-commerce player


Haptic, Reverei & Savaan will improve customer retention for Jio


Embibe & EasyGov will finally give RIL a chance to fight Byju/Vedantu in Edutech




© All rights reserved by Marketing Weekly

  • LinkedIn
  • Instagram
  • Twitter