Hike joined the Unicorn Club on August 16, 2016 after raising a $175 million Series D funding round, reaching a $1.4 billion valuation. Founded in 2012, the company is headquartered in Delhi, Delhi, India. Hike provides a blockchain-based mobile gaming platform, including the Rush gaming universe, and a social platform for messaging, sharing, gaming, and crypto.
The platform allows players to compete, use their skills, and win rewards while integrating social and gaming experiences.
Keep reading to learn how Hike became a leading mobile gaming unicorn.
What Is Hike and What Does It Do?
Hike is a mobile gaming and social platform leveraging blockchain technology. Its Rush gaming universe enables mobile-only gaming where players can compete, earn rewards, and interact socially.
The platform also offers messaging, sharing, and crypto-enabled features. Hike focuses on combining gaming, social networking, and blockchain innovation to engage users in interactive experiences.
How Much Funding Has Hike Raised?
1. Seed Round
- Amount Raised: $3 million
- Date: 2012
- Lead Investors: Early stage angel investors
- Purpose: Launch messaging and social platform
2. Series A Round
- Amount Raised: $12 million
- Date: 2013
- Lead Investors: Tiger Global Management
- Purpose: Expand user base and enhance platform technology
3. Series B Round
- Amount Raised: $25 million
- Date: 2014
- Lead Investors: Bharti Enterprises
- Purpose: Scale mobile app, add gaming features, and improve infrastructure
4. Series C Round
- Amount Raised: $46 million
- Date: 2015
- Lead Investors: Foxconn Electronics
- Purpose: Expand product offerings, strengthen technology, and grow team
5. Series D Round
- Amount Raised: $175 million
- Date: August 16, 2016
- Valuation: $1.4 billion
- Lead Investors: Tencent, Foxconn Electronics
- Purpose: Achieve unicorn status, expand blockchain gaming platform, and enhance social features
Total Funding Raised: $261 million Latest Funding Date: May 2022 Latest Known Valuation: $1.4 billion Employee Count: 92 as of June 2025
Key Investors
- Tiger Global Management
- Details: Global investment firm
- Focus Areas: Technology, consumer internet, and high growth platforms
- Bharti Enterprises
- Details: India-based conglomerate
- Focus Areas: Telecommunications, technology platforms, and consumer internet
Where Is Hike’s Headquarters?
Hike is headquartered in Delhi, Delhi, India, serving as the central hub for leadership, product development, blockchain gaming operations, and social platform management.
What’s Next for Hike?
Hike plans to expand its blockchain-based gaming universe, enhance crypto-enabled features, and scale its social and messaging platform. The company continues to invest in technology, user engagement, and operational efficiency to maintain leadership in mobile gaming and social experiences.
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