Kavin Mittal’s Hike raises Fresh Funds from High-profile Angel Investors

Messenger app Hike to layoff workforce by 20-25% Kavin Mittal promoted startup Hike on Tuesday announced that it has raised undisclosed amount of funding from several high profile angel investors. The high profile angel investors include the who’s who of the Indian startup ecosystem, including big names like SoftBank’s Rajeev Misra, Zeta’s Bhavin Turakhia, Cred’s…

ByGirish ShettiAugust 24, 20210Comments

News

Winzo gives exit to Hike via $12Mn Share BuyBack, Hike gets 4x Return

Hike has offloaded its entire two-year-old stake in social vernacular gaming platform Winzo. Winzo announced on Monday that it has conducted share buyback process of $12Mn to give a profitable exit to Hike, with Kavin Mittal led company earning a 4x return on its investment. The SoftBank-backed company had earned a small stake in Winzo…

ByGirish ShettiMay 3, 20210Comments

Tech news

Salesforce makes its first big bet in India – Top Tech News

Here are the top and interesting tech news from the world of technology….check it out 1 Salesforce makes its first big bet in India Photo of Drawinbox team American CRM giant Salesforce has made its rare India investment by backing up HR tech startup Darwinbox. Salesforce Ventures, the venture arm of Salesforce, spearheaded $15 Mn investment…

ByGirish ShettiJanuary 19, 20210Comments

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Messenger app Hike to trim Workforce by 20-25%

Messenger app Hike to layoff workforce by 20-25% Instant messenger app Hike on Monday announced that it would cut off its workforce by nearly 20 – 25% as part of its consolidation process. However, the Whatsapp rival has refrained from terming this laying off exercise as an ominous sign about its financial position. Company’s CEO Kevin Mittal…

ByGirish ShettiMay 29, 20180Comments

News

Hike Messenger Acqui-hires Bengaluru based Tech Startup Creo

India’s home grown messaging app Hike messenger on Friday announced that it has acqui-hired Bengaluru based tech startup Creo. This is Hike’s second big acquisition this year, after it acquired Delhi based startup Instalively Livestreaming earlier this year. Hike has the backing of India’s biggest telecom company Bharati Airtel Limited, since the company’s founder Kavin…

ByGirish ShettiAugust 11, 20170Comments

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