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.

Hrithik Roshan launches his own casual wear brand HRx - The Economic Times

Myntra's Jabong Buy May've Nullified Competition, But What About Profits? - Forbes India

We intend to gross Rs. 500 crore by 2020: Afsar Zaidi, HRX

myntra Archives - The Tech Portal

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Flipkart subsidiary Myntra acquires majority stake in Hrithik Roshan's brand HRX

Myntra to buy Hrithik Roshan's HRX brand

Myntra to buy Hrithik Roshan's HRX brand

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

Myntra bets to acquire Hrithik Roshan's HRX - Brand License

Hrithik Roshan-backed fashion brand HRX eyes Rs 500-crore turnover in three years

Flipkart to acquire Myntra stake in potential Rs 2,000 cr deal - The Hindu