COMPANY PROFILE

hike

Explore full profile

Designs and develops mobile messaging applications that enable users to send messages and share files

New Delhi, IndiaFounded 2012Consumer Services

Valuation $1–2.5B Last recorded · 2016

Revenue <$1M Latest reported FY

Headcount 100–500 Current team size

Total funding $100–500M Disclosed equity funding

Unlock exact values

About hike

Hike, once a popular messaging app, has pivoted its business model to focus on the online gaming market with the launch of the Rush Gaming Universe (RGU). This platform targets the rapidly growing casual gaming segment in India, offering a variety of board games and other casual games where players can compete for real money.

The RGU operates on a play-to-earn model, where users can participate in tournaments and win from a prize pool. The company generates revenue by taking a percentage of the winnings from these games. This shift in strategy comes after the discontinuation of the Hike Messenger app in early 2021, as the company seeks to capitalize on the booming mobile gaming industry.

MoreLess Source: Dealroom company data

At a glance

Status: Operational
Founded: 2012
Headquarters: New Delhi, India
Employees: 391
Open positions: None listed
Dealroom signal: 67.7/100
Industry: Media
Sub-industry: Social media
Sector: Consumer Services, Became $1B as Subsidiary, Web 3.0, Play-to-Earn, Crypto and Web3, Hard Tech
Technology: Blockchain, Mobile app
Business model: SaaS
Client focus: b2b
Investment activity: 7 companies, latest Jul 2019
Capital deployed: $10M
Preferred round: ACQUISITION
Links: Website LinkedIn X

Knowledge graph

Founder mafia, market maps, research and news connected to this company by Dealroom

Funding history

7 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
LATE VCOther financing	May 2022	$0	—	Republic Crypto · Tribe Capital · Jump Crypto	↗
ANGELOther financing	Aug 2021	—	—	Justin Mateen · Binny Bansal · Bhavin Turakhia · Sean Rad	—

Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Year	Revenue	Growth
2026
2025
2024
2023
2022
2021
2020		—

Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

hike website traffic

Latest recorded traffic for hike is 140 monthly website visits, up 250% over the last three months. hike's team declined 6.5% over the past year.

Latest monthly visits140 3-month web change+250% 1-year team growth-6.5%

Monthly website visitsOct 2014–Jun 2026

Explore monthly traffic historyTrack growth over time and compare with peersBook a demo

Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Company	Headquarters	Status	Employees	Total funding	Valuation
GEGaia EverWorldPart of the new generation of gaming being built on the blockchain which gives players full ownership of their characters, and rewards them for playing in a "play to earn" model of gaming which has taken the cryptospace by storm	United Kingdom	Operational	—	$3.7M	$15M
PLPlanetariumCompany that wants to return the sovereignty of online games to users through blockchain technology	Seoul, South Korea	Operational
DMDMarketDecentralized blockchain based marketplace for in-game items trading across any game platform	Kyiv, Ukraine	Acquired
ILInterface LabsEnables people to natively surf web3 in a human friendly mobile app	Lisbon, Portugal	Operational
UHUhiveA social media app that’s aiming to create real disruption by placing user privacy at the absolute core of its values, giving back a substantial share of revenue, and introducing an entirely new content discovery UX	London, United Kingdom	Operational
FGFenix GamesA Web 3.0 games publisher made up of gaming and wall street industry vets who aim to revolutionize the player’s relationship with games	Dubai, United Arab Emirates	Operational
SHSidus HeroesA Web3 space metaverse with epic lore, tradable tokens, valuable resources, and a profit-sharing Module System	Seychelles	Operational
DEDeHorizonCommunity-powered Game Metaverse, making “Play for fun and to Earn” come into reality	Morgan Hill, United States	Operational