Hike Messenger Gets Silicon Valley Funding, Move Aimed at Gaining a Pie of Instant Messenger Services Market

Hike Messenger

Hike Messenger is gaining the attention of Silicon Valley veterans, including Adam D’ Angelo (Quora), Aditya Agarwal (Dropbox), and Matt Mullenweg (WordPress). There are reports that these tech veterans have invested in Hike Messenger in their personal capacities. Till date, Hike Messenger has raised over $80 million from Tiger Global and BSB.

It is great to have the world’s top brains in tech share hike’s vision; and not just entrust us with their investment, but more importantly, also advise us on our product and strategy,” said Kavin Bharti Mittal, CEO of Hike Messenger.

WhatsApp and Facebook Messenger: The Two Giants in Instant Messaging Market 

The instant message industry is dominated by WhatsApp, which is owned by Facebook. Facebook also owns Facebook Messenger, and it is due to these factors that Silicon Valley’s interest in Hike has raised many eyebrows.

Hike is used almost exclusively in India, and its standout offering is that users can send messages in nearly eight different languages, including Hindi, Tamil, and Telugu. Used by nearly 70 million users, Hike will be fighting an uphill battle against Facebook, whose WhatsApp- and Facebook- messenger collectively have a user base of 1.7 billion.

India is quickly emerging as a force to reckon with in the global internet landscape, and foreign investors are lapping up available opportunities to enter this lucrative market. The Silicon Valley honchos who have invested in Hike are looking at having a pie of the huge percentage of users who still don’t have access to the internet.

About Abhishek Budholiya 19 Articles
Abhishek Budholiya is a tech blogger, digital marketing pro, and has contributed to numerous tech magazines. Currently, as a technology and digital branding consultant, he offers his analysis on the tech market research landscape. His forte is analysing the commercial viability of a new breakthrough, a trait you can see in his writing. When he is not ruminating about the tech world, he can be found playing table tennis or hanging out with his friends.