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…
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…
