H
hike
Consumer Services · New Delhi, India · Founded 2012
Designs and develops mobile messaging applications that enable users to send messages and share files MoreLess
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.
Keywords: mobile gaming, play-to-earn, real-money gaming, casual games, online gaming platform, indian gaming market, digital entertainment, gaming community, skill-based gaming, competitive gaming
Company overview
hike company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2012
- Headquarters
- New Delhi, India
- Employees
- 391
- Open positions
- None listed
- Dealroom signal
- 67.7
- Investment activity
- 7 companies · latest Jul 2019
- Capital deployed
- $10M
- Preferred round
- ACQUISITION
Valuation & funding
hike funding history
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 | — |
| SERIES DOther financing | Aug 2016 | $175M | $1.4B | Tiger Global · Bharti Soft Bank · Tencent · Foxconn Technology Group | — |
| SERIES DOther financing | Jan 2016 | — | — | Aditya Agarwal · Traveon Rogers · Matt Mullenweg · Ruchi Sanghvi | — |
| SERIES COther financing | Sep 2014 | $65M | $260M | Tiger Global | — |
| SERIES BOther financing | Mar 2014 | Bharti Soft Bank | — | ||
| SERIES AOther financing | Apr 2013 | Bharti Soft Bank | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $54K | 0% | 391 |
| 2025 | $54K | 0% | 418 |
| 2024 | $54K | 0% | 458 |
| 2023 | $54K | 0% | 379 |
| 2022 | $54K | 0% | 341 |
| 2021 | $54K | 0% | — |
| 2020 | $54K | — | — |
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.
Comparisons
hike compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Capital deployed
hike investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
WinZOApollo, IndiaA gaming platform that offers all kinds of games
$260Mvaluation
CreoBengaluru, IndiaBuild software that empowers every device to deliver new experiences every month
$12Mvaluation
PulseDelhi, IndiaApp-based streaming television over fiber-optic internet
→
InstaLivelyIndiaHelps broadcast your event Live in just a single click
$480Kvaluation
Thought MechanicsDenver, United StatesWeb Design Denver Colorado | ThoughtMechanics.com
$500Kvaluation
Zip PhonePine Junction, United StatesFree and Secure Phone Calls
$500Kvaluation
Talent graph
hike's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where hike has talent and traffic
team presence
In the news
Latest news about hike
Recent press, funding announcements, and product moves mentioning hike — open to read from the original sources.
Market sentiment
What the market is saying about hike
An AI-synthesized read of the highest-engagement posts about hike on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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