Venture fund Sistema Asia Fund monetized a share in Netmeds

India – on August 19, 2020 – Sistema Asia Fund, venture fund PUBLIC JOINT-STOCK COMPANY JOINT-STOCK FINANCIAL CORPORATION "SISTEMA", reports about sale the share in Netmeds – one of leaders pharmaceutical marketpleysov to India. Within the transaction a pharmaceutical startup company got Reliance Retail Ventures Limited. The transaction which became already the second exit of Sistema Asia Fund from investments, allowed venture fund to receive high profitability in three years after investments in an online drugstore. The Sistema Asia Fund fund for the first time invested in Netmeds in 2017. The exit from this investments will bring it to investors high profitability...