Update: Hike CEO Kavin Bharti Mittal has officially confirmed this investment. He also claimed that Hike has now crossed 35 million registered users with over 50% active every month. Around 90% users are from India of which over 80% of users are below 25 years. This essentially means that Hike has at least 17.5 million monthly active users (MAUs) globally and around 16 million MAUs in India, as per our calculations. Earlier this week, WhatsApp had claimed to have close to 65 million monthly active users in India. The company mentions that it is also handling over 10 billion messages per month including over 3 billion stickers. It is also apparently adding 300,000 registered users on a daily basis. Earlier (Aug 26): Hike a mobile messaging application incubated by Bharti Softbank (BSB), has raised $65 million from Tiger Global, with participation from BSB, reports the Economic Times, citing sources. MediaNama contacted Kavin Bharti Mittal, CEO of Hike, for confirmation, but haven't received a response yet. ET reports that BSB had invested $20 million into the company so far. Hike has features unique to it, such as a Hidden mode which allows users to hide private chats, and make them accessible only via a password, apart from last-seen privacy (countering a Whatsapp feature that allows people to see when someone has been online last), and big file transfers of up to 100 MB. As of June 2014, Hike had crossed the 20 million registered users mark, adding 5 million users in 3 months. In…
- After CIC’s Decision, NIXI Resumes Publishing Dispute Resolution Decisions December 1, 2022
- The Delhi High Court ordered a sexually-explicit video to be taken off the internet December 1, 2022
- What India’s IT Minister has to say about the concerns around the new data protection bill December 1, 2022
- Tamil Nadu pushes for Aadhaar-EB card linking despite data risks December 1, 2022
- Info on Online Gambling Law’s Report & Consultation Can’t Be Provided: Tamil Nadu Govt December 1, 2022
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
The Structure and Style of a Dogma Community: Conspiracy theories and organized Twitter engagement on Sushant Singh Rajput
Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement
Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?
A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'
India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...
Why ‘group privacy’ should be recognised, and how ‘non-personal’ data becomes a regulatory blindspot
There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...