MUMBAI : Reliance Industries Ltd’s latest acquisition of a 60% stake in online pharmacy Netmeds for ₹620 crore will not only strengthen its e-commerce play, but also add significantly to the healthcare portfolio that RIL is building on the back of Jio.With a series of acquisitions in the healthcare space, including Karexpert, C-Square and Netmeds, RIL will eventually integrate its brick-and-mortar presence in the segment with its tech-enabled offerings to create a bouquet of services that can be monetized through delivery, transaction-based services and subscription services.“Reliance should have significant advantage with its large physical retail presence and should significantly expand the online medicine market in India," said Credit.