Hike Messenger is an Indian freeware, cross-platform instant messaging and Voice over IP application.

Basic Information

Launched in December 2012 by Kavin Bharti Mittal, Hike works offline through SMS and has multi-platform support. The app registration uses standard one time password (OTP) based authentication process. In August 2016, Hike raised its fourth round of funding of $175 million, led by Tencent and Foxconn, at a valuation of $1.4 billion. It has numerous Hikemoji Stickers which can be customised accordingly. From version 6, the user-interface was revised and the app no longer supports features like news, mobile payment, games or jokes. Around 50,000 users are joining Hike Sticker Chat per day which the company wants to quadruple by the end of 2019. The initial target is capturing of 15 to 20 percent youth population in India and a wider base from tier-1 and tier-2 cities since maximum growth is coming from Pune, Ahmedabad, Mumbai and Jaipur. As of December 2019, the app has over two million weekly active users. See more

Legal Name

:

Hike Private Limited

Headquarters

:

New Delhi, Delhi, India

Founding Date

:

2012

No. of Employees

:

151 to 250

Core Team

:
1.

Kavin Bharti Mittal

Founder & Chief Executive Officer

2.

Manish Kumar

Head of Finance & Business Development

3.

Ankur Narang

Vice President

Funding

Total Funding

$261.0M

Investors

:

1.

Matt Mullenweg

2.

Ruchi Sanghvi

3.

Foxconn Technology Group

See More

Detail Round Breakdown

Round 1
Round 2
Round 3
Round 4
Round 5

$7M

Series Name

:

SERIES-A

Date

:

2013

Investors

:
1.

Bharti Soft Bank