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

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.

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Flipkart owned Myntra acquires majority stake in Hrithik Roshan’s brand HRX

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

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