Hike is shutting down after 13 years of operations worldwide as founder and CEO Kavin Bharti Mittal announces the closure on September 13, citing India’s real-money gaming ban and shortened runway as decisive factors; once hailed as the country’s homegrown challenger to WhatsApp, Hike’s pivot to gaming with Rush and its $500 million revenue wasn’t enough to survive regulatory uncertainty.
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07:15 pm on
13 Sep