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Google’s Aditya Swami And Facebook’s Sandeep Bhushan Join Advertising Council’s Board

Google’s Aditya Swami And Facebook’s Sandeep Bhushan Join Advertising Council’s Board

Advertising Standards Council of India (ASCI) has announced…
Google’s Aditya Swami And Facebook’s Sandeep Bhushan Join Advertising Council’s Board

Google’s Aditya Swami And Facebook’s Sandeep Bhushan Join Advertising ...

Advertising Standards Council of India (ASCI) has announced…
Delhi HC Issue Notice To Centre On WhatsApp’s Plea Of Message Traceability

Delhi HC Issues Notice To Centre On WhatsApp’s Plea Of Message Traceab...

The Delhi High Court on Friday has issued a notice to the…
Social media platform HIke has raised an undisclosed amount of investment from iconic investors. Kavin Bharti Mittal, chief executive officer, announced that Hike has raised investments from Tinder cofounders Sean Rad and Justin Mateen, Softbank Vision Fund CEO Rajeev Mishra, Tribe Capital’s Arjun Sethi and others. The fresh round also brought founders of newly emerged unicorn startups such as Bhavin Turakhia and Kunal Bahl. Kunal Bahl and Binny Bansal also infused capital in the round. As per Mittal, Hike will utilise the capital to build platforms that will enable people to express themselves online through competition and interaction. The platform will further utilise the capital to hire talent from different sectors such as cryptocurrency, gaming and social media platforms. “The rapid technological evolution over the last few years has paved the way for massive disruption in social & gaming. There’s little to separate these 2 categories,” he wrote on Twitter announcing the investment. The round comes months after Hike shut down its flagship product HikeSticker Chat amidst WhatsApp contentious privacy policy. At the start of the year Mittal announced the launch of Rush – a new gaming service – and renamed Hikeland as Vibe. Hikeland was a mobile-first virtual world launched in 2020. Once seen as an Indian alternative to WhatsApp, Hike has over the years tried to offer various services such as wallet, Hikemoji, Hikeland, cricket scores, horoscope, among others to grab the market. However, WhatsApp’s simpler offering coupled with smooth use r experience prevented the majority of users from switching to Hike. Mittal, who is the son of billionaire Sunil Bharti Mittal, chairman of Bharti Enterprises, founded Hike in 2012. The startup enjoyed the support of marquee investors such as Foxconn, Tiger Global, SoftBank. The startup even joined the prestigious unicorn club after receiving investment worth $175 Mn in 2016. During that time, Hike boasted of having 100 Mn users of which 90% were from India. Majority of Hike’s users belonged to the age group of 15 and 24. Hike, which had invested in Indian gaming platform WinZo, received a four-fold return after it exited the company with $12 Mn this year. Hike participated in WinZo’s $5 Mn Series A investment along with Kalaari Capital.

Hike Receives Investment From Tinder Cofounders & Other Marquee Invest...

Social media platform Hike has raised an undisclosed amount of investment from…
WhatsApp Adds Payments Background Feature

WhatsApp Adds Payments Background Feature For Its Indian Users

Popular messaging platform WhatsApp now allows themed backgrounds to its users while…
Ever Heard Of The Instagram Algorithm? How Creators Can Boost Reach

How Creators Can Use Instagram Algorithm To Their Advantage

A few days ago, I hit the 70k followers mark on Instagram.…
Amid Govt Scrutiny, Twitter India Head Manish Maheshwari Moves To US

Amid Govt Scrutiny, Twitter India Head Manish Maheshwari Moves To US

Days after the Central government said that Twitter has finally complied with…
Twitter India Received 120 Grievances, Took Action Against 167 URLs From Jun 26-Jul 25

Twitter India Received 120 Grievances, Took Action Against 167 URLs Fr...

Twitter India has received a total of 120 grievances during the period…
Twitter Appoints Interim Chief Compliance Officer, Will Appoint Other Executives Soon

Congress Alleges Twitter Blocked Its Handle, Leaders’ Accounts Under G...

Principal opposition party Congress on Thursday (August 12) alleged that Twitter had…
Finally, Twitter Is Fully Compliant With India's IT Rules

Finally, Twitter Is Fully Compliant With India’s IT Rules

Micro-blogging platform Twitter has finally complied with the Intermediary Guidelines and Digital…
Twitter India Permanently Appoints Chief Compliance Cum Grievance Officer & Nodal Contact Person

Twitter India Appoints Chief Compliance Cum Grievance Officer & Nodal ...

Micro-blogging platform Twitter has finally appointed a permanent chief compliance officer, a…
ShareChat Valued At $2.1 Bn With $502 Mn Round Led By Tiger Global, Lightspeed Ventures

ShareChat Valued At $2.8 Bn In $145 Mn Round Led By Temasek & Others...

Mohalla Tech Pvt Ltd, the parent company behind social media startups Moj…
Karnataka HC Quashes UP Police’s Notice Sent to Twitter India MD Manish Maheshwari

Karnataka HC Quashes UP Police’s Notice Sent to Twitter India MD Manis...

In a big relief to Twitter India and its chief Manish Maheshwari,…