Reliance Retail acquires majority stake in online pharmacy Netmeds for Rs 620 crore

Reliance Retail Ventures Ltd (RRVL), the subsidiary company of Mukesh Ambani owned Reliance Industries Limited (RIL) has acquired a majority equity stake in online pharmacy Vitalic Health Pvt Ltd and its subsidiaries (commonly known as Netmeds) for a cash consideration of around Rs 620 crore ($83.08 million).
This investment represents 60 percent holding in the equity share capital of Vitalic and 100 percent direct equity ownership of its subsidiaries namely Tresara Health Private Ltd, Netmeds Market Place Ltd and Dadha Pharma Distribution Pvt Ltd.
Chennai-based Netmeds is a licensed e-pharma portal, incorporated in 2015, that offers authenticated prescription and over the counter (OTC) medicine along with other health products in India.

Points to Remember:

Which company has recently bought majority stake in online pharmacy Netmeds?
Reliance Retail has acquired majority stake in Netmeds at an investment of________? Rs 6.2 billion
Reliance Retail investment in Netmeds represents what percent of equity share capital acquisition in the company? 60%