Hike’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: HIKE GLOBAL PTE | CIN: 201103957G
Founded in 2012 by Kavin Bharti Mittal, Hike initially gained fame as India’s homegrown messaging platform competing with global giants. Over time, it evolved into a new avatar, focusing on mobile gaming and social experiences through its flagship product, Rush. With a mission to bring joyful digital experiences to young users, Hike has strategically pivoted and continuously innovated to stay relevant in India’s dynamic digital ecosystem. The company’s move t...
| Founded | 2012 |
|---|---|
| Headquarters | New Delhi, India |
| Valuation | ~$1.4 billion (peak) |
| Annual Revenue (FY24 est.) | $12 million |
| Net Loss (FY24 est.) | $6 million |
| Employees | ~200 |
| Round | Year | Amount | Lead Investors |
|---|---|---|---|
| Seed | 2013 | $7 million | Bharti, Tiger Global |
| Series B | 2014 | $65 million | Tiger Global |
| Series C | 2015 | $70 million | Tiger Global, Tencent |
| Series D | 2016 | $175 million | SoftBank, Bharti, Tencent |
Hike has pivoted from messaging to gaming, seeing steady revenue growth in its new avatar, with estimated revenues of $12 million in FY24 and a narrowed net loss of $6 million.
Hike’s EBITDA margin has improved gradually to around -50% in FY24, highlighting better operational control while investing in new product areas.
Hike has stabilized its employee base at around 200, emphasizing focus on lean operations and strong product development talent.
Hike aims to further expand its gaming platform Rush, build social entertainment experiences, and explore possible global collaborations. While an IPO isn’t immediate, strategic partnerships and growth initiatives remain core to its future roadmap.
Recently, Hike announced new game launches on Rush and shared updates on attracting young gaming audiences, signaling strong user engagement and renewed growth momentum.
| Metric | Detail |
|---|---|
| Revenue FY24 | $12 million (+20% YoY) |
| Net Loss FY24 | $6 million |
| EBITDA Margin | -50% (improved) |
| Valuation | $1.4 billion |
| Employee Count | 200 (stable) |
Hike’s evolution from messaging to gaming and social entertainment shows its adaptability and resilience. Despite past challenges, the company is focused on new growth frontiers, positioning itself for a promising future. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
Public company statements and media articles.
Disclaimer: The information presented in this report is intended for general informational purposes only and does not constitute investment advice. All financial data is based on public sources and estimates where necessary.