Hike Has Just Become The Fastest Indian Company To Become A Unicorn
The latest addition to India’s unicorn club – Hike – was also the fastest to reach the milestone.
The latest addition to India’s unicorn club – Hike – was also the fastest to reach the milestone.
While we might not be world beaters at sport, we’re the top of the world at IT.
When chat messenger Hike became India’s 9th unicorn after a funding round that valued it at $1.4 billion, the reaction was very different. The reaction basically was – who even uses Hike?
Xiaomi Vice President Hugo Barra put up a video showing him planking while promoting the Redmi 3S. He also challenged InMobi CEO Naveen Tewari to follow suit, and he complied.
The Future Group is letting go of its offline-only stance, and that too in a big way.
It was a long, bruising battle, but finally one side has blinked. Uber will sell its Chinese business to its homegrown rival Didi in a move that will signal the end of the rivalry that had riveted the business world for years.
US-based mutual funds haven’t been the biggest fans of Flipkart this year. But things seem to have turned a corner for Flipkart though. Today Fidelity marked up the value of its Flipkart’s shares by 2.7 percent.
Pokemon Go has been the cultural phenomenon of the year. But there are signs that its astonishing growth period might be over.
On the face of it, it should be a time of celebration. You start a company, raise money, you get acquired. Happy ending.
But Lookup’s acquisition by Nowfloats has had no such celebratory tones associated with it.