About Hike
Hike is a company based in Delhi (India) founded in 2012 by Kavin Bharti Mittal.. Hike has raised $261 million across 7 funding rounds from investors including Polygon, Tencent and Republic. The company has 92 employees as of June 30, 2025. Hike has completed 5 acquisitions, including CREO Tech, Creo and InstaLively. Hike operates in a competitive market with competitors including Gamee, PlayZap, ZBD, Farcana and Cryptomeda, among others.
- Headquarter Delhi, India
- Employees 92 as on 30 Jun, 2025
- Founders Kavin Bharti Mittal
- Stage Unicorn
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Sectors
Media & EntertainmentFinancial Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$46.84 M150as on Mar 31, 2024
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Net Profit
$-19.77 M4as on Mar 31, 2024
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EBITDA
$-19.77 M4as on Mar 31, 2024
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Total Equity Funding
$261 M (USD)
in 7 rounds
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Latest Funding Round
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Investors
Polygon
& 20 more
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Employee Count
92
as on Jun 30, 2025
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Investments & Acquisitions
CREO Tech
& 4 more
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Funding Insights of Hike
Hike has successfully raised a total of $261M across 7 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Last Round
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First Round
First Round
(25 Apr 2013)
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series D - Hike | Valuation | Jump Crypto | |
| Jan, 2022 | Amount | Series D - Hike | Valuation | Polygon |
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| Aug, 2021 | Amount | Series D - Hike | Valuation | Justin Mateen |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Hike
Hike has secured backing from 21 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Polygon, Tencent and Republic. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are made in global seed and early-stage startups.
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Venture capital firm focused on social media, gaming, and e-commerce sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hike
Hike has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include CREO Tech, Creo and InstaLively. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Social network app for colleges
|
2015 | ||||
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Live video streaming is enabled via a mobile-first platform.
|
2014 | ||||
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A mobile app for making secure calls.
|
2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Hike
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hike Comparisons
Competitors of Hike
Hike operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gamee, PlayZap, ZBD, Farcana and Cryptomeda, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobile and web-based gaming platform to play various games
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| domain | founded_year | HQ Location |
A play-to-earn platform is offered for multiplayer gaming experiences.
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| domain | founded_year | HQ Location |
Bitcoin rewards are provided for gameplay on ZBD platform.
|
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| domain | founded_year | HQ Location |
NFT-based athlete avatar collectibles are traded on an online platform.
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| domain | founded_year | HQ Location |
NFT-based gaming platform for strategy and card games is operated.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hike
Frequently Asked Questions about Hike
When was Hike founded?
Hike was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Hike located?
Hike is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of Hike?
Kavin Bharti Mittal is the current CEO of Hike. They have also founded this company.
Is Hike a funded company?
Hike is a funded company, having raised a total of $261M across 7 funding rounds to date.
How many employees does Hike have?
As of Jun 30, 2025, the latest employee count at Hike is 92.
What is the annual revenue of Hike?
Annual revenue of Hike is $46.84M as on Mar 31, 2024.
What does Hike do?
Hike is engaged in the development of digital solutions. Specific details about sectors or offerings are not provided. The company has recently completed a fundraising round. Strategic investors have joined to support its initiatives. Further information on products or services remains unavailable on the site.
How many acquisitions has Hike made?
Hike has made 5 acquisitions, including CREO Tech, Creo, and InstaLively.
Who are Hike's investors?
Hike has 21 investors. Key investors include Polygon, Tencent, Republic, Foxconn Electronics, and Tribe Capital.
What is Hike's valuation?
The valuation of Hike is $1.4B as of Aug 2016.
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