Kavin Mittal gets 24-fold hike in FY16

Kavin Bharti Mittal, founder, HikeKavin Bharti Mittal, CEO at Hike Ltd, received an almost 24-fold increase in compensation for 2015-16, as the messaging app expanded its operations and attracted marquee investors. Mittal received total remuneration of Rs 18.28 crore for the year through March 2016, according to the company’s annual report. This compares with the Rs 74.61 lakh he […]

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Hike: Revenue Rs 42 lakh in FY16, valuation $1.4 bn

HikeHike Ltd, the messaging app operator that touched $1.4 billion in valuation last year, started earning revenue in 2015-16 but its bottom line worsened as it burnt more cash than ever. The four-year-old company reported revenue from operations of Rs 42.32 lakh for the year through March 2016, according to VCCEdge, the data research platform […]

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Flashback 2016: Hike’s Kavin Mittal takes the fast lane to success

Kavin Bharti Mittal, Founder, HikeFor Kavin Bharti Mittal, the 29-year-old founder and chief executive of instant messaging app Hike, 2016 will go down as a milestone year. For, this is the year when the four-year-old startup joined the coveted group of young firms that are valued at least $1 billion. Hike became only the 10th startup in the country […]

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We’re going to be playing an entirely different ball game in 2017, says Hike’s Kavin Bharti Mittal

Kavin Bharti MittalHaving entered the coveted $1-billion-club of startups in India, Kavin Bharti Mittal is more confident than ever about the success of his four-year-old startup Hike. In August, the messaging app raised $175 million (Rs 1,170 crore) from China’s Tencent Holdings Ltd, Taiwan’s Foxconn Technology Group and other investors. Hike’s rivals, incidentally, include global tech giants […]

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Kavin Bharti Mittal’s inspiration & philosophy in life

Kavin-Bharti-Mittal21Kavin Bharti Mittal, one of the twins of Bharti Enterprises chairman Sunil Bharti Mittal, launched instant messaging mobile app Hike in 2012 that has come to command a valuation of $1.4 billion in just four years. Seen as one of the young and successful entrepreneurs of current times, Mittal graduated from Imperial College, London and […]

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