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Hike Messenger, aka Hike Sticker Chat, was a multifunctional Indian
social media Social media are interactive technologies that facilitate the Content creation, creation, information exchange, sharing and news aggregator, aggregation of Content (media), content (such as ideas, interests, and other forms of expression) amongs ...
and
social networking service A social networking service (SNS), or social networking site, is a type of online social media platform which people use to build social networks or social relationships with other people who share similar personal or career content, interest ...
offering instant messaging (IM) and Voice over IP (VoIP) services that was launched on December 11, 2012, by
Kavin Bharti Mittal Kavin Bharti Mittal is an Indian internet entrepreneur and son of Business Tycoon Sunil Mittal. He is known for his role as the founder and CEO of Hike, the company behind the unicorn Hike Messenger and the Rush Gaming Universe (RGU), a mobil ...
. Hike functioned through SMS. The app registration used a standard,
one-time password A one-time password (OTP), also known as a one-time PIN, one-time passcode, one-time authorization code (OTAC) or dynamic password, is a password that is valid for only one login session or transaction, on a computer system or other digital dev ...
(OTP) based authentication process. It was estimated to be worth $1.4 billion and had more than 100 million registered users. It went defunct on January 6, 2021, as they were unable to compete with global messaging platforms.


History

Hike Messenger was launched on December 12, 2012, by its founder,
Kavin Bharti Mittal Kavin Bharti Mittal is an Indian internet entrepreneur and son of Business Tycoon Sunil Mittal. He is known for his role as the founder and CEO of Hike, the company behind the unicorn Hike Messenger and the Rush Gaming Universe (RGU), a mobil ...
. The majority of users were from
India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...
, with 80% under the age of 25. The company purchased
startups A startup or start-up is a company or project undertaken by an Entrepreneurship, entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship includes all new businesses including self-employment and businesses tha ...
like TinyMogul and Hoppr in 2015. After buying US-based free voice calling company Zip Phones, Hike provided VoIP calling services. On March 5, 2015, Hike launched the 'Great Indian Sticker Challenge' to create more stickers. In February 2017, Hike acquired the social networking app Pulse. From version 5.0, it became the first social messaging app to start a mobile payment service in
India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...
. The timeline feature came back after multiple user requests and the introduction of a personalized digital envelope called Blue Packets for sending monetary gifts through a built-in wallet. In 2017, the acquisition of
Bengaluru Bengaluru, also known as Bangalore (List of renamed places in India#Karnataka, its official name until 1 November 2014), is the Capital city, capital and largest city of the southern States and union territories of India, Indian state of Kar ...
-based startup Creo was announced to enable third-party developers to build services on top of the Hike platform. In 2018, Hike provided 1 billion users with internet access by targeting smaller cities. In January 2019, the company discarded the previous
super-app A super-app, also known as an everything-app, is a mobile or web application that can provide multiple services including payment and instant messaging services, effectively becoming an all-encompassing self-contained commerce and communication ...
approach, and began launching specialized apps for specific use-cases. In May 2019, Hike announced a collaboration with
Indraprastha Institute of Information Technology, Delhi Indraprastha Institute of Information Technology, Delhi (IIIT-Delhi) is a state university located in Delhi, India. IIIT Delhi offers B.Tech., M.Tech. and Ph.D. degrees. IIITD also offers PhD degrees to students through the Department of Social ...
(IIIT-D) to develop a variety of
machine learning Machine learning (ML) is a field of study in artificial intelligence concerned with the development and study of Computational statistics, statistical algorithms that can learn from data and generalise to unseen data, and thus perform Task ( ...
models. In April 2019, the company launched its first standalone app, Hike Sticker Chat. A separate content app Hike News & Content was also launched.


Application


Timeline of Features

In 15 April 2014, Hike introduced unlimited free
SMS Short Message Service, commonly abbreviated as SMS, is a text messaging service component of most telephone, Internet and mobile device systems. It uses standardized communication protocols that let mobile phones exchange short text messages, t ...
via a service called Hike Offline, through credits earned by users from regular chatting, as connectivity is still a major issue in many parts of India. In an attempt to appeal to its younger users, Hike introduced features that find resonance with the local market, such as Last Seen Privacy and localized sticker packs. It also introduced a two-way chat theme, allowing users to change the chat background for themselves and for their friends simultaneously. The app also started showing live
Cricket Cricket is a Bat-and-ball games, bat-and-ball game played between two Sports team, teams of eleven players on a cricket field, field, at the centre of which is a cricket pitch, pitch with a wicket at each end, each comprising two Bail (cr ...
scores in collaboration with
Cricbuzz Cricbuzz is a cricket news website owned by Times Internet. It features news, articles and live coverage of cricket matches including videos, text commentary, player stats and team rankings. Their website also offers a mobile apps, mobile app. ...
, as well as news, casual games, and social media feeds. Hike also added a file transfer service, allowing files less than 100MB of all formats, with a view on further increasing the size limit to 1 GB. With the launch of version 2.9.2.0 in January 2015, Hike implemented support for sending uncompressed images and a "quick upload" feature optimized for 2G speed. Later that month, Hike introduced a voice calling feature for its users. In September 2015, Hike launched free group call support with up to 100 people in a simultaneous conference call environment. In November 2016, Hike announced the launch of a feature called Stories that allows people to share real-life moments using fun live filters which automatically get deleted after 48 hours, and a new camera design with localized filters. Hike 4.0 launched on 26 August, 2015 with the tagline '''Got a Gang? Get on Hike. Hike 4.0 was an optimization-focused update, increasing the performance of the app on poor networks. It supported photo filters, doodles, and bite-sized news updates in under 100 characters. Hike launched News Feed with Hindi language support on 29 September 2015 to cater for the needs of the non-English population. Hike launched version 3.5 as the biggest update for Windows Phone 8.1 during December 2015 which changed the user interface for more simpler navigation, supported sending unlimited non-media files and documents of any format and better group admin settings. It also included ten brand new chat themes. Hike launched a microapp feature which was live for two days on 8 May, 2016, as a
Mother's Day Mother's Day is a celebration honoring the mother of the family or individual, as well as motherhood, maternal bonds, and the influence of mothers in society. It is celebrated on different days in many parts of the world, most commonly in Mar ...
special in which users could add images, quotes or messages as a token of love with customized e-cards and stickers on their timeline not only on Hike, but also on other platforms. On 26 October, 2016, Hike Messenger rolled out the beta version of a video calling feature ahead of
WhatsApp WhatsApp (officially WhatsApp Messenger) is an American social media, instant messaging (IM), and voice-over-IP (VoIP) service owned by technology conglomerate Meta. It allows users to send text, voice messages and video messages, make vo ...
starting with the Android users which also lets recipients preview a video call before deciding to take it and is optimized to even work under 2G conditions. On 24 December, 2016, Hike rolled out a short 20-second Video Stories feature that can be directly shared with friends or posted on a public timeline with different filters in collaboration with content creators with the same 48-hour time limit before being automatically deleted. The Stories feature continues to receive constant future updates to include and enable content, public story option, private user messaging and geo-tagging. In September 2017, Hike launched personalized sticker packs with 20,000+ graphical stickers for over 500 colleges that covered around 1,000 colleges by December 2018 across India which can be used across different geographies, and are highly customized for users with availability in 40+ local languages that support automatic sticker suggestions where the application suggests the best reply for any sticker message and also allows users to "nudge", a feature used to ping the receiver. Hike started supporting user comments on friend's posts, added a specific message reply function, a redesigned camera interface to support front flash and user mentions with the help of the @ symbol. In December, 2017, Hike launched group voting, bill splitting, checklists and event reminders for group chat that supports up to 1,000 users both on iOS and Android platform. Hike launched another feature called Hike Land, which is a virtual world with beta trial to start from March 2020, that will use Hike Moji where online users with thei
digital
avatar can hang out with other users and will be built inside the Hike Sticker Chat application. It is mainly targeted but not restricted towards 16 to 21 years age group of people. Without unveiling much about Hike Land, a separate website has been created with option to reserve spots by giving details like name, gender and phone number that will link the user profile from the Hike Sticker Chat account though it is not a necessity.


Hike Direct

The Hike Direct feature is based on the technology known as
WiFi Direct Wi-Fi Direct is a Wi-Fi standard for wireless connections that allows two devices to establish a direct Wi-Fi connection without an intermediary wireless access point, router, or Internet connection. Wi-Fi Direct is single-hop communication, rat ...
, which initially was also called WiFi P2P and got introduced to users by October 2015, which enables sharing of files such as music, apps, videos without a live internet connection within a 100-meter radius by creating a wireless network between two or more devices with a transfer speed of 100MB per minute. For privacy and security reasons, Hike didn't show the recipient's location or proximity and works only when two users are connected in the same room by adding one another into the contact list.


Hike Wallet

In June 2017, Hike announced the launch of version 5.0 with multiple new features like User Chat Themes,
Night Mode A light-on-dark color scheme, better known as dark mode, dark theme or night mode, is a color scheme that uses light-colored text, icons, and graphical user interface elements on a dark background. It is often discussed in terms of computer ...
and Magic Selfie. along with a built-in Wallet partnered with
Yes Bank Yes Bank (stylised as YES BANK) is an Indian private sector bank, headquartered in Mumbai, catering to retail customers, MSMEs, and corporate clients. The bank was founded by Rana Kapoor and Ashok Kapur in 2003. Its network is spread across 3 ...
. This feature was first rolled out to Android users followed by iOS users at a later stage. Hike collaborated with Airtel Payment Bank to power its digital payment wallet by November 2017 where Hike users have access to Airtel Payments Bank's merchant & utility payment services and
know your customer Know your customer (KYC) guidelines and regulations in financial services require professionals to verify the identity, suitability, and risks involved with maintaining a business relationship with a customer. The procedures fit within the broad ...
(KYC) infrastructure with 5 million transactions happening from services like recharge and P2P. Hike formed a partnership with
Ola Cabs Ola Consumer, formerly Ola Cabs, is an Indian transportation company that provides ride-hailing services and operates other business verticals such as financial services and cloud kitchens. It is headquartered in Bangalore, and operates in 2 ...
to bring a
taxi A taxi, also known as a taxicab or simply a cab, is a type of vehicle for hire with a Driving, driver, used by a single passenger or small group of passengers, often for a non-shared ride. A taxicab conveys passengers between locations of thei ...
and
auto-rickshaw An auto rickshaw is a motorized version of the pulled rickshaw or cycle rickshaw. Most have three wheels and do not tilt. They are known by many other terms in various countries, including three-wheeler, Adaidaita Sahu, Keke-napep, Maruwa, auto, ...
booking facility from 14 February 2018. With Hike Wallet facility users could now book bus tickets with 3,000 operators and also pay bills for electricity, cooking gas, DTH and landline with 60 operators. Support of
Unified Payments Interface Unified Payments Interface, commonly known as UPI is an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016. The interface facilitates inter-bank peer-to-peer (P2P) and pe ...
(UPI) based payments by Hike Wallet would let users send and receive up to ₹1 lakh directly into the bank account without sharing their credit/debit card or net banking credentials. Users could send money through UPI to anyone and not just Hike users. For non-UPI users, it allowed transactions up to ₹20,000 a month with a maximum cap per transaction at ₹5,000.


Hike ID

In January 2018, Hike announced the launch of 'Hike ID' to enhance its user privacy features. Hike ID is a unique custom username that removes the need for sharing phone numbers to chat with someone. Users can also search for each other using their Hike IDs. Hike ID has been integrated across all Hike-based services for facilitating easy discovery of people or groups. In a survey done by the Hike team out of a million active users, 69 percent confirmed that they like to talk to others without sharing their own phone number and over 72 percent said that they like to skip the step of saving phone numbers before talking to others. This is what prompted the developers to come up with Hike ID as the solution which makes it easier as well as secure for users to chat without having to share or save phone numbers.


Hike Web

In August 2019, it launched the
Web App A web application (or web app) is application software that is created with World Wide Web, web technologies and runs via a web browser. Web applications emerged during the late 1990s and allowed for the server to Dynamic web page, dynamically ...
beta version of Hike Sticker Chat which enable its users to chat over their personal computers. The company also worked on a feature to allow sharing of stickers across all messaging platforms. Hike Web was created ensuring a seamless experience for users with a strong focus on privacy and security keeping that in mind Hike increased network security to
AES-256 The Advanced Encryption Standard (AES), also known by its original name Rijndael (), is a specification for the encryption of electronic data established by the U.S. National Institute of Standards and Technology (NIST) in 2001. AES is a variant ...
and
TLS 1.2 Transport Layer Security (TLS) is a cryptographic protocol designed to provide communications security over a computer network, such as the Internet. The protocol is widely used in applications such as email, instant messaging, and voice over IP, ...
, which makes communication over a web client more secure than ever.


Hike Moji

Hike Moji was a digital
avatar Avatar (, ; ) is a concept within Hinduism that in Sanskrit literally means . It signifies the material appearance or incarnation of a powerful deity, or spirit on Earth. The relative verb to "alight, to make one's appearance" is sometimes u ...
of a user based on
artificial intelligence Artificial intelligence (AI) is the capability of computer, computational systems to perform tasks typically associated with human intelligence, such as learning, reasoning, problem-solving, perception, and decision-making. It is a field of re ...
(AI),
natural language processing Natural language processing (NLP) is a subfield of computer science and especially artificial intelligence. It is primarily concerned with providing computers with the ability to process data encoded in natural language and is thus closely related ...
(NLP) and
machine learning Machine learning (ML) is a field of study in artificial intelligence concerned with the development and study of Computational statistics, statistical algorithms that can learn from data and generalise to unseen data, and thus perform Task ( ...
(ML) generated imagery created by taking a
selfie A selfie () is a self-portrait photograph or a short video, typically taken with an electronic camera or smartphone. The camera would be usually held at arm's length or supported by a selfie stick instead of being controlled with a self-timer ...
, for variety of localized Indianised expressions with 1000 customized options like more than 350 hairstyles, 20 different facial features, bindis, local clothing style, nose pins with local twist and mood. The beta version 1.0 was rolled out on 15 November 2019 for both android and iOS. It was officially released to a wider audience base on 19 February 2020. With the stable release, it included 200 more customized options like 20 skin shades, over a million eyes colours, more than 400 accessories,
dimple A dimple, also called a gelasin (, ), and a fovea buccalis, is a small natural indentation in the flesh on a part of the human body, most notably in the cheek. Numerous cultures believe that cheek dimples are a good luck charm that entices peop ...
s,
freckle Freckles are clusters of concentrated melaninized cells which are most easily visible on people with a fair complexion. Freckles do not have an increased number of the melanin-producing cells, or melanocytes, but instead have melanocytes that ov ...
s, cheek-lines and more. Hike Moji generate stickers are on three language where English and Hindi act as default with one other optional Indic language. Right now the language support is limited to
Bengali Bengali or Bengalee, or Bengalese may refer to: *something of, from, or related to Bengal, a large region in South Asia * Bengalis, an ethnic and linguistic group of the region * Bengali language, the language they speak ** Bengali alphabet, the w ...
,
Gujarati Gujarati may refer to: * something of, from, or related to Gujarat, a state of India * Gujarati people, the major ethnic group of Gujarat * Gujarati language, the Indo-Aryan language spoken by them * Gujarati languages, the Western Indo-Aryan sub- ...
, Kanada,
Malayalam Malayalam (; , ) is a Dravidian languages, Dravidian language spoken in the Indian state of Kerala and the union territories of Lakshadweep and Puducherry (union territory), Puducherry (Mahé district) by the Malayali people. It is one of ...
,
Marathi Marathi may refer to: *Marathi people, an Indo-Aryan ethnolinguistic group of Maharashtra, India **Marathi people (Uttar Pradesh), the Marathi people in the Indian state of Uttar Pradesh *Marathi language, the Indo-Aryan language spoken by the Mar ...
,
Tamil Tamil may refer to: People, culture and language * Tamils, an ethno-linguistic group native to India, Sri Lanka, and some other parts of Asia **Sri Lankan Tamils, Tamil people native to Sri Lanka ** Myanmar or Burmese Tamils, Tamil people of Ind ...
and
Telugu Telugu may refer to: * Telugu language, a major Dravidian language of South India ** Telugu literature, is the body of works written in the Telugu language. * Telugu people, an ethno-linguistic group of India * Telugu script, used to write the Tel ...
. User can share 100+ exclusive Hike Moji stickers to other platforms.
Computer vision Computer vision tasks include methods for image sensor, acquiring, Image processing, processing, Image analysis, analyzing, and understanding digital images, and extraction of high-dimensional data from the real world in order to produce numerical ...
and deep neural networks enable the platform to search around 100 trillion combinations of facial shape and color reflecting the user's looks within a few seconds. Lifelike images are generated with three seconds. Hike Moji version 1.0 (beta) alone created over 1 million plus stickers upon its launch in a control group of users. The stable version 1.0 can now create 100 quintillion combinations of stickers with seamless addition to
WhatsApp WhatsApp (officially WhatsApp Messenger) is an American social media, instant messaging (IM), and voice-over-IP (VoIP) service owned by technology conglomerate Meta. It allows users to send text, voice messages and video messages, make vo ...
. Inspired by local diversity of the country, HikeMoji now is the largest platform for hyper local avatar creation in
India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...
.


Privacy & Security

An article from 10 December 2012 published on German website
Spiegel Online ' () is a German news website. It was established in 1994 as ''Spiegel Online'' as a content mirror of the magazine ''Der Spiegel''. In 1995, the site began producing original stories and it introduced ''Spiegel Online International'' for artic ...
where app testers of MediaTest Digital found out while analyzing the data traffic of Hike version 1.0.5 for iOS that it transmits messages, phone numbers and unique device identification number (UDID) unencrypted and has full access to the phone address book. They called out that these deficiencies in Hike are even more undeniable than those made in the past in WhatsApp. Hike used SSL
encryption In Cryptography law, cryptography, encryption (more specifically, Code, encoding) is the process of transforming information in a way that, ideally, only authorized parties can decode. This process converts the original representation of the inf ...
for the exchange of media and text messages on Wi-Fi. In addition to a user choosing whom to share their last seen and profile pictures with, the app also supports an industry first hidden mode with a pattern lock feature for extended user privacy. As of June 2019, all chats and calls are now being protected by 128-bit
Advanced Encryption Standard The Advanced Encryption Standard (AES), also known by its original name Rijndael (), is a specification for the encryption of electronic data established by the U.S. National Institute of Standards and Technology (NIST) in 2001. AES is a variant ...
, and messages stored locally on a device are auto backed-up to its cloud server with zero data consumption. It. The data stored on Hike servers is completely encrypted with an
AES-128 The Advanced Encryption Standard (AES), also known by its original name Rijndael (), is a specification for the encryption of electronic data established by the U.S. National Institute of Standards and Technology (NIST) in 2001. AES is a variant ...
algorithm.


Platform Support


Hike Total

In January 2018, the company announced the launch of Total which is a customized version of Android that uses its own proprietary technology called UTTP, which is based on
Unstructured Supplementary Service Data Unstructured Supplementary Service Data (USSD), sometimes referred to as "quick codes" or "feature codes", is a communications protocol used by GSM cellular telephones to communicate with the mobile network operator's computers. USSD can be use ...
(USSD) protocol that is supported by nearly all GSM phones that allowed users to access services on their mobile even in the offline mode or without internet. Hike teamed up with mobile carriers and OEMs for Total, with device makers bundling a tweaked version of Android that makes Hike the default text/call app. The total was targeted at the next billion mobile-first customers. Users can access essential services such as Messaging, News, Horoscope, Recharge, Wallet, Cricket Scores and Rail information even without an active internet connection with services taking less than 100 kb to 1 MB of size. Users can also buy data packs which are as low as ₹1 from within the operating system. Hike announced
Intex Technologies Intex Technologies is an Indian Multinational corporation, multinational technology company based in New Delhi, India that manufactures smartphones, consumer electronics, and other accessories. It also provides consumer electronic products such ...
,
Karbonn Mobiles Karbonn (known as Karbonn Mobiles) is an Indian multinational technology company, that manufactures feature phones, smartphones, tablets and mobile phone accessories. The company was founded in March 2009, headquartered in Delhi, India. Karbo ...
as device partners and
BSNL Bharat Sanchar Nigam Limited (commonly known as BSNL) () is an Indian central public sector undertaking, under the ownership of Department of Telecommunications, which is part of the Ministry of Communications, Government of India with its he ...
,
Aircel Aircel Ltd. stylised as AIRCEL , was an Indian mobile network operator headquartered in Mumbai that offered voice and 2G, 3G and 4G data services. Maxis Communications held a 74% stake and Sindya Securities and Investments held the remai ...
as telecom service providers. Hike announced the availability of the Total platform for 'Mera Pehla Smartphone' initiative launched by
Airtel India Airtel India is the List of telecom companies in India#Wireless operators, second largest provider of mobile telephony and List of telecom companies in India#Wireline operators, third largest provider of Landline, fixed telephony in India, and ...
. The first batch of handsets supporting the technology were released by March 2018. It wasn't available for download on
Google Play Google Play, also known as the Google Play Store, Play Store, or sometimes the Android Store (and was formerly Android Market), is a digital distribution service operated and developed by Google. It serves as the official app store for certifie ...
as it is exclusive to handset models produced by partner original equipment manufacturers (OEMs).


User statistics

Hike acquired its first five million users within three months after the app launch which increased to fifteen million by September 2013. Up to May 2014, the user base increased to twenty million with additional fifteen million joining till August 2014. Hike reached seventy million users till October 2015 by adding an additional thirty million within three months from August 2015. Twenty billion messages were shared regularly every month till August 2015, that grew to over one billion messages shared every single day by December 2015, that again doubled to forty billion monthly messages till January 2016 as users are spending over 120 minutes per week on the app. On average, users are spending more than 120 minutes per week on the app as they are viewing 11.2 news stories on average per user per day while transferring close to 10 million files with Hike Direct which is more than 200 terabytes of data without the use of actual internet. As of January 2019, 29 percent of internet users in India use Hike as a messenger or VoIP platform. Hike crossed over its first hundred million registered users in January 2016 as per founder and company CEO, Kavin Bharti Mittal which added a further sixty million till May 2019. Over ten million mobile transactions were done on Hike as of November 2017 of which 70 percent were for various recharges, while 30 percent were peer to peer transaction (P2P). A further breakdown of 30 percent P2P transactions consists of 10 percent UPI payments, 10 percent Blue Packets which are virtual envelopes that users can insert money into and send to friends with personal messages, filters and 10 percent normal wallet transactions. During this time around Hike also recorded a 30 percent month after month rise in its active user base. Hike Messenger announced that it crossed five million monthly transactions within five months of Hike Wallet's launch at a 30 percent month after month growth which by December 2017 increased to ten million monthly transactions at a 100 percent month after month growth rate. 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 Pune ( ; , ISO 15919, ISO: ), previously spelled in English as Poona (List of renamed Indian cities and states#Maharashtra, the official name until 1978), is a city in the state of Maharashtra in the Deccan Plateau, Deccan plateau in Western ...
,
Ahmedabad Ahmedabad ( ), also spelled Amdavad (), is the most populous city in the Indian state of Gujarat. It is the administrative headquarters of the Ahmedabad district and the seat of the Gujarat High Court. Ahmedabad's population of 5,570,585 ...
,
Mumbai Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian state of Maharashtra. Mumbai is the financial capital and the most populous city proper of India with an estimated population of 12 ...
and
Jaipur Jaipur (; , ) is the List of state and union territory capitals in India, capital and the List of cities and towns in Rajasthan, largest city of the north-western States and union territories of India, Indian state of Rajasthan. , the city had ...
. As of December 2019, the app has over two million weekly active users.


Funding

Hike raised its first round of funding of $7 million from
Bharti Enterprises Bharti Enterprises Limited is an Indian multinational corporation, multinational Conglomerate (company), conglomerate, headquartered in Delhi. It was founded in 1976 by Sunil Bharti Mittal. Bharti Enterprises owns businesses spanning across tel ...
and
SoftBank Group is a Japanese multinational investment holding company headquartered in Minato, Tokyo, that focuses on investment management. The group primarily invests in companies operating in technology that offer goods and services to customers in a m ...
in April 2013. It again received a second round of investment of $14 million from Bharti Enterprises and Softbank Group in March 2014 to scale up operations when it crossed 15 million subscribers. In August 2014, Hike reached 35 million users and raised $65 million in a
funding round A securities offering (or funding round or investment round) is a discrete round of investment, by which a business or other enterprise raises money to fund operations, expansion, a capital (economics), capital project, an acquisition, or some oth ...
led by
Tiger Global Tiger Global Management, LLC (often referred to as Tiger Global and formerly known as Tiger Technology) is an American investment firm founded by Chase Coleman III, a former Tiger Management employee under Julian Robertson, in March 2001. It ma ...
. It raised $175 million in a Series D round of funding led by
Tencent Tencent Holdings Ltd. ( zh, s=腾讯, p=Téngxùn) is a Chinese Multinational corporation, multinational technology Conglomerate (company), conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimed ...
and
Foxconn Hon Hai Precision Industry Co., Ltd. (), Trade name, doing business as Hon Hai Technology Group () in Taiwan, Foxconn Technology Group () in China, and Foxconn () internationally, is a Taiwanese multinational corporation, multinational electron ...
on 16 August 2016. After raising this round Hike reached the valuation of $1.4 billion and became the youngest startup in India to reach unicorn status, having achieved it in just 3.7 years after launch.


Controversy

Around January 2016, Hike spokesperson told
Press Trust of India The Press Trust of India Ltd., commonly known as PTI, is the largest news agency in India. It is headquartered in New Delhi and is a nonprofit cooperative among more than 450 Indian newspapers. It has over 500 full-time employees , including abo ...
journalist that
Facebook Facebook is a social media and social networking service owned by the American technology conglomerate Meta Platforms, Meta. Created in 2004 by Mark Zuckerberg with four other Harvard College students and roommates, Eduardo Saverin, Andre ...
blocked an option in its advertisements which allows people to visit the Hike official website which they initially assumed to be a technical glitch, but later Facebook confirmed that certain products and services can't be advertised on its platform which stopped the Hike ads. Facebook, whose
WhatsApp WhatsApp (officially WhatsApp Messenger) is an American social media, instant messaging (IM), and voice-over-IP (VoIP) service owned by technology conglomerate Meta. It allows users to send text, voice messages and video messages, make vo ...
app is a rival service to Hike in the Indian market, has not publicly responded to Hike's allegations.


April Fools' pranks

On April 1, 2014, the app pranked its users with "HikeCoin", which was modeled after
Bitcoin Bitcoin (abbreviation: BTC; Currency symbol, sign: ₿) is the first Decentralized application, decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 when an unknown entity published a white paper under ...
for direct cash transfers by announcing that a photo of real monetary note, attached and sent to friends would make the physical note invalid. On March 31, 2016, Hike announced "Hike Smell", a fictional feature added as a prank on
April Fools' Day April Fools' Day or April Fool's Day (rarely called All Fools' Day) is an annual custom on the 1st of April consisting of practical jokes, hoaxes, and pranks. Jokesters often expose their actions by shouting "April Fool " at the recipient. ...
. Users were informed that by using special sensors in their smartphones, they could capture and attach smells to their messages.


Shutdown

On 6 January 2021 company announced end of messaging services effective 14 January 2021 12:00 PM IST by sending the following text to its users: ''Today we're announcing that after so many years of helping you deepen friendships, we will be shutting down Hike Sticker Chat at 11.59pm on 14th Jan, 2021.'' ''We thank you for creating amazing memories with us on Hike Sticker Chat and giving us your love and trust for so many years'' ''We wouldn’t be here without each and every one of you.'' Hike also announced that all the Hike Stickers could still be used on other messaging platforms such as Signal, WhatsApp, and Telegram by downloading "Stickers by Hike".


Pivot

After officially shutting down Hike Messenger, the company pivoted to build a web3
ludo Ludo (; ) is a Abstract strategy game, strategy-based board game for two to four players, in which the players race game, race their four from start to finish according to the rolls of a single dice, die. Like other cross and circle games, Ludo ...
gaming platform "Rush Gaming Universe". The whole platform was moved to the blockchain on February 28, 2022. Hike plans to offer the Rush Avatar NFTs for free to the active members of its community, and give access to the rarest editions only to the most active members.


References


External links

*{{Official website, https://www.hike.in
Everything About Hike App
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