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RIL Q1 results: Consolidated net profit falls 7% to Rs 12,273 crore
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RIL offers board seat to Saudi Aramco s Yasir Al-Rumayyan in global push
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In the largest consolidation in the domestic online pharmacy sector, unicorn PharmEasy has acquired Medlife for an undisclosed amount. According to the deal, Medlife users will become Pharmeasy customers with Medlife discontinuing operations from now on. The consolidated entity will be serving around 2 million customers every month, said the company. “This acquisition significantly strengthens our position in the healthcare industry, and further helps us in providing quality healthcare to more number of Indian households. Moving forward, we aim to be of even better service to the people,” said Dhaval Shah, co-founder of PharmEasy, in a post on LinkedIn. “Medlife customers just need to login to the PharmEasy app to start using their Medlife account via the same mobile number. All their digitised prescriptions and saved addresses dating back to a year will be available on the PharmEasy app,” he added. Apart from the users, PharmEasy will also be onboarding Medlife’s re