Archive · 15 Sep 2025
Hike App Shuts Down After 13 Years of Operations
Hike, created by Kavin Bharti Mittal, is shutting down after 13 years.
It started as a messaging app, like WhatsApp, but faced tough competition.
The company later moved into online gaming with real money involved.
However, India banned this type of gaming.
Because of the ban, Mittal decided to close Hike completely.
At one point, the company was worth over a billion dollars.
Hike, founded by Kavin Bharti Mittal, is shutting down after 13 years.
Hike began as a messaging app but later pivoted to real-money gaming.
The shutdown follows India’s nationwide ban on real-money gaming.
Mittal called the shutdown a "tough but inevitable call."
Hike was valued over $1 billion at its peak.
- Who
- Kavin Bharti Mittal
- What
- Shut down Hike after 13 years of operation.
- When
- Recently announced
- Where
- India (focus of operations)
- Why
- Due to India’s nationwide ban on real-money gaming
- Company Name
- Hike
- Founder
- Kavin Bharti Mittal
- Reason for Shutdown
- India’s ban on real-money gaming
- Years in Operation
- 13
- Initial Business
- Messaging platform
- Gaming Platform
- RMG
- Peak Valuation
- Over $1 billion
