India: Amazon said to mull over $100m investment in Apollo Pharmacy

India: Amazon said to mull over $100m investment in Apollo Pharmacy

REUTERS/Pascal Rossignol

Amazon.com Inc is considering a nearly $100 million investment in India’s pharmacy chain Apollo Pharmacy, facing up to Reliance Industries Ltd and Tata Group in the country’s fast-growing drug market, the Economic Times reported on Wednesday, citing two people aware of the plans.