Last month, Kavin Bharti Mittal had stated plans of exiting India to focus on International markets such as the United States, United Kingdom, and Australia.
Rush, a casual RMG platform from Kavin Bharti Mittal's Hike, now intends to focus entirely on the United States and other global markets like the United Kingdom, Canada, and Australia.
Hike was given the unicorn tag in 2016 after Chinese internet giant Tencent led a $175 million round.
CNBC-TV18's Megha Vishwanath caught up with Kavin Bharti Mittal to talk about Hike's plans to foray into Bots and the like.
Hike Messenger has raised USD 175 million in a fresh round of funding led by Tencent Holdings and Foxconn Technology Group, joining the coveted 'unicorn' club of startups with a valuation of almost USD 1.4 billion.
Existing investors - Tiger Global, Bharti and Softbank Group - also participated in this round. This is the fourth venture capital round and the biggest to date for Hike, a company founded by Kavin Bharti Mittal, son of Bharti Enterprises Chairman Sunil Mittal.
Rudraradhya will report to Founder and CEO of Hike, Kavin Bharti Mittal, son of Bharti Enterprises Chairman Sunil Mittal, and will help Hike scale its engineering team and streamlining product development.
The company acquired 30 million additional users in just three months as it crossed 70 million users in October 2015, the statement said.
Forget America and think China to further the start-up revolution in India, says Martin Sorrell, CEO, WPP in an interview to CNBC-TV18‘s Shereen Bhan.
The calling feature, which will work over 4G and wi-fi to begin with is available on Android currently while iOS and Windows will be followed by end of the year, the company said in a statement.
Bharti Enterprises has struck a joint venture with Japanese internet firm Softbank Corp to offer mobile internet services in India.