Angel Investments
Social media platform Hike gets funding from Tinder co-founders, others
Social media platform HIke has raised an investment from Tinder co-founders Sean Rad and Justin Mateen, Softbank Vision Fund CEO Rajeev Mishra, Tribe Capital's Arjun Sethi and others. The fresh round also brought founders of newly emerged unicorn startups such as Bhavin Turakhia and Kunal Bahl and Binny Bansal. Hike will utilise the capital to build platforms that will enable people to express themselves online through competition and interaction and to hire talent from different sectors such as cryptocurrency, gaming and social media platforms.
From the Venture Intelligence PE-VC Deal Database: Between Aug-14 and Aug-16, Hike had raised USD 240 million from Foxconn, Tencent, Softbank Corp and Tiger Global (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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