After Jabong, Flipkart owned Myntra acquires majority stake in Hrithik  Roshan's brand HRX

After Jabong, Flipkart owned Myntra acquires majority stake in Hrithik Roshan's brand HRX

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It seems Flipkart owned online fashion retail outlet Myntra is on an acquisition spree, in a bid to curb all competition and become the sole leader in the market. We saw the eCommerce giant acquire Jabong last month USD 70 million.It hasn't been a whole month since then and Myntra is yet again in news for buying out majority stakes in Hrithik Roshan and Exceed Entertainment owned active lifestyle brand HRX.

Myntra buys majority stake in Hrithik Roshan's fashion brand HRX

Myntra to buy Hrithik Roshan's HRX brand

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Myntra to buy Hrithik Roshan's HRX brand

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Myntra buys majority stake in Hrithik Roshan's fashion brand HRX

Myntra buys majority stake in Hrithik Roshan's fashion brand HRX