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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Myntra Subsidiaries And Acquisitions

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

Myntra acquires Pretr to scale omnichannel capabilities

Myntra shows interest in Hrithik Roshan's HRX; buys 51% stakes in the brand - Indian Retailer

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

Myntra to buy Hrithik Roshan's HRX brand

Indian apparel brand HRX to go offline by end of 2018

Myntra shows interest in Hrithik Roshan's HRX; buys 51% stakes in the brand - Indian Retailer