Key Metrics
  • No. of Employees395
  • Founded Year 2012
  • Company StagePrivate Limited Company
  • Total Funding₹1,681.88 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Hike

Hike is building a new social future at the intersection of Social, Gaming & Crypto. The internet is in the middle of a significant transformation. Fuelled by the advancements in technology & Web3, users can partake in the growth, and success of products & communities they belong to, from the very beginning. Hike is building products for this next decade that is going to spawn a whole new social future.

Hike currently operates a fully remote cross-functional team of over 200 employees that are working remotely from 30+ cities.​​ With over 10+ open positions, Hike is hiring talent across roles at the intersection of Social, Gaming, and Crypto.

Business Model

Hike used to be a P2P messaging application, later it switched to a different domain and introduced two new platforms Vibe and Rush. Vibe is a social media platform to watch videos together while Rush is a real money skill-based gaming platform that hosts multiple casual games and was developed in-house by the company.

Top Competitors
GM
Gaming MonkU22229DL2016PTC303094
A2
A23U72900DL2017PTC325102
GA
GameberryU72900KA2017PTC103583
PS
Play SimpleU72900KA2014PTC077406
GT
Gameskaft TechnologiesU74999KA2017PTC103635
Hike Funding Details
Funding Highlights
Latest Funding RoundSeries D
Total Funding Raised₹1,681.88 Cr
No. of Investments Made1
Total No. of Acquisitions5
Lead Investors3
Investors
  • Tiger Global, Tencent, Bharti Soft bank
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Investment Company Done
Detailed report about the Invtestments made by the company till date.
₹499.00 ₹998.00
Acquisition Company Done
Detailed report about the Acquistions the company has done till date.
₹499.00 ₹998.00
Hike Financial Details
Financial Highlights
FY 2022-23 Revenue₹151.97 Cr
FY 2022-23 Expenses₹299.32 Cr
FY 2022-23 Profit/Loss-₹147.35 Cr
Net Cash Flow From Operations-₹94.57 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Hike Key People
People Metrics
Current Core Team1
Board Members/Directors2

Core Team

KB
Kavin Bharti MittalFounder & CEO

Board Members/Directors

SH
ShivaliWholetime Director
RK
Rohit Krishan PuriDirector
Hike Documents

AY - 2020-21

Profit and loss statement - Hike - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Hike for FY 2020-21
₹249.00 ₹498.00
Balance sheet - Hike - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Hike for FY 2020-21
₹249.00 ₹498.00

AY - 2021-22

Profit and loss statement - Hike - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Hike for FY 2021-22
₹249.00 ₹498.00
Balance sheet - Hike - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Hike for FY 2021-22
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - Hike - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Hike for FY 2022-23
₹249.00 ₹498.00
Balance sheet - Hike - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Hike for FY 2022-23
₹249.00 ₹498.00

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