Tinder co-founder leads Indian social media and gaming firm’s latest round

Hike, an Indian social media and gaming firm, has raised an undisclosed amount of funding from a number of individual investors.

More funding details

• Lead investor: Tinder co-founder Justin Mateen
• Other investors: SoftBank Vision Fund CEO Rajeev Misra, Tinder co-founder Sean Rad, Tribe Capital co-founder and partner Arjun Sethi, Zeta and Titan co-founder Bhavin Turakhia, Cred founder Kunal Shah, Flipkart co-founder Binny Bansal, Snapdeal co-founders Kunal Bahl and Rohit Kumar Bansal, and South Park Commons partner-in-residence Aditya Agarwal
• Stage: Unspecified

More company updates

• Hike plans to use the fresh funds to invest in technology and hire more talent, specifically specialists in the social media, gaming, and cryptocurrency arenas.
• Earlier this year, the firm had shut down its messaging application, which was once considered an Indian alternative to WhatsApp.
• The company also exited from its investment in Indian social gaming platform Winzo, receiving US$12 million from divesting its stake.
• Hike’s official website lists Vibe, a community-driven social networking platform, and Rush, an online gaming platform, as its current offerings.

For more coverage of the company, head here. You can also click on the link below to view key details about the company, as well as its funding history.