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
Myntra buys majority stake in Hrithik Roshan's HRX brand - Estrade India Business News, Financial News, Indian Stock Market, SENSEX, NIFTY, IPOs
Myntra buys majority stake in Hrithik Roshan's fashion brand HRX
Myntra buys majority stake in Hrithik Roshan's fashion brand HRX