Hike Messenger Acquires Creo, a Bangalore Based Start Up

Evrard Martin
Août 11, 2017

Kavin Bharti Mittal-driven Hike Messenger has acquired the Creo team which is a Bangalore based technology start up, Hike said in a statement on Friday.

Creo Team founders were ex-Hikers.

"The Creo team will begin work on a developer platform to enable third party developers to build services on the Hike platform", a Hike spokesperson said.

Sai and Shubham are ex Hike employees. Creo had earlier launched hardware products including streaming media dongles and smartphones. Hike has over 300 employees in Bengaluru and Delhi.

Hike Messenger introduced its video calling feature for its users in the beta format back in September to a select few, and in October rolled out to all Android users with an update.

In August 2016, Hike raised its fourth round of funding of United States dollars 175 million led by Tencent and Foxconn at a valuation of USD 1.4 billion having reached the milestone in just 3.7 years.

The home-grown messaging service is looking to overtake messaging service WhatsApp and mobile wallet company Paytm to become the leading messaging and payment app in the country.

Exactly a year ago, Hike Messenger, which says it has around 100 million users, raised a Series D round of funding of $175 million in a new funding round led by Tencent Holdings Ltd and Foxconn Technology Group valuing the company close to $1.4 billion.

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