Hike to down shutters; Founder Kavin Mittal terms it difficult decision
Published on: Sept. 14, 2025, 5 a.m. | Source: Daily Excelsior
NEW DELHI, Sep 13: Hike founder Kavin Mittal has announced the complete winding down of 13-year old startup, saying while its US business was off to a strong start, scaling globally after India ban on real money gaming would require a “reset that is not the best use of capital or time”. In a post on LinkedIn, the entrepreneur and Bharti Group scion questioned if raising more capital for a pivot by Hike was worth it, and concluded it was […]
