Hike Messenger acqui-hires over 50 people of Cero

Video streaming dongle maker Teewe raises $1.7M from Sequoia & India Quotient

In the past, they have launched hardware products that include streaming media dongles and smartphones.

The price of the deal is undisclosed.

Hike Messenger, the messaging app founded by Kavin Mittal, son of Bharti Airtel founder Sunil Bharti Mittal, has acquired Creo, a Bangalore based technology startup.

According to the Hike spokesperson, "The Creo team will begin work on a developer platform to enable 3rd party developers to build services on the Hike platform". Today, Hike has over 300 employees spread across 2 offices in Delhi and Bangalore.

Kenya's Opposition Demands Odinga Declared President, Election Officials Says "Ridiculous"
Residents of Nairobi woke up to reports that incumbent president Uhuru Kenyatta was in the lead in the presidential vote. Officials at the commission later confirmed there had been an attempt to hack its servers, but said it had failed .

Hike was launched on 12 December 2012 and claimed to acquire a user base of over 10 crore in January 2016. Facebook-backed Whatsapp had announced earlier this year that it hit 200 million monthly active users in India whereas Hike's latest data on active monthly users is unavailable.

In August 2016, Hike raised its fourth round of funding of United States dollars 175 million led by Tencent and Foxconn at a valuation of USD 1.4 billion having reached the milestone in just 3.7 years.

Hike Messenger introduced its video calling feature for its users in the beta format back in September to a select few, and in October rolled out to all Android users with an update.

A poll by Tata Consultancy Services in December 2016 revealed that 83% of respondents used WhatsApp, 68% used Facebook Messenger and 44% had homegrown messaging service Hike.

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