Indian startup crushed by WhatsApp now wants to tackle Facebook
Kavin Bharti Mittal, a descendant of the family behind India’s second-largest wireless operator, plans to revive his struggling tech startup more than four years after it was valued at $1.4 billion by donors. funds, including Softbank Group Corp. Since obtaining unicorn status in 2016, New Delhi-based Hike Pvt. suffered a series of setbacks. The latest blow came last month when it shut down its signature messaging app – a platform that has caught the attention of other investors such as Tencent Holdings Ltd. and Foxconn Technology Group for taking WhatsApp…
Read More