Hike
Media & StreamingIndiaClosed 2025
Total Raised
$250M
Peak Valuation
$1.40B
Employees
—
Year Collapsed
2025
Business model
Consumer messaging app, later pivoted to social gaming.
In brief
Once India's homegrown answer to WhatsApp with over 100 million users at its peak, Hike pivoted repeatedly — from stickers to a super-app to gaming — but couldn't sustain a business against global platforms with stronger network effects, shutting down in 2025.
See the What Happened tab for the full account.
Key facts
- Founded
- 2012
- Closed
- 2025
- Headquarters
- New Delhi, India
- Industry
- Media & Streaming
- Employees
- —
- Revenue
- Undisclosed
- Founders
- Kavin Bharti Mittal
Related failures
Vine
2012–2017Media & Streaming · USA
Competitive pressure$30MQuibi
2018–2020Media & Streaming · USA
No product-market fit$1.75BYik Yak
2013–2017Media & Streaming · USA
No product-market fit$73MOtipy
2020–2025Agritech / Grocery · India
Competitive pressure$44.2MDoodhwala
2015–2019Grocery · India
Competitive pressure$7MCNN+
2022–2022Media & Streaming · USA
OverexpansionUndisclosed
Often compared with: WhatsApp, Telegram, Signal.