Reliance Invests in Netmeds Are we going to see disruption in the e-pharmacy sector as well, as it happened with the telecom sector? Amazon acted as a catalyst for this when they decided to delve into the pharmacy sector as well with Amazon pharmacy. Now there are several small e-pharmacy startups like 1mg, midlife, etc. Seeing the waves coming, Netmeds decided to sell its shares to Reliance Retail, which led to reliance presence in the e-pharmacy sector. Presence of giants like Reliance and Amazon, who have lots of cash to invest, I am foreseeing the condition of e-pharmacy to be similar to that of the telecom sector. Though Pharmeasy and Medlife merged, I don't think it would be much use unless we see some significant investment to support these startups.
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