This week, Kavin roped in Silicon Valley biggies like Quora founder and CEO Adam D’Angelo, WordPress co-founder Matt Mullenweg, and Ruchi Sanghvi, board member at Paytm, as advisors and investors in his four-year-old startup. Flipkart board member and Dropbox vice president Aditya Agarwal also invested in Hike in this round. The amount of funding is undisclosed.
Ironically, apart from Mullenweg, all the other new investors have worked at Facebook, Hike’s biggest rival in India.
“In 2012, when we started building Hike, people thought we were crazy. Now, when the internet user base has reached a critical mass and people do their ordinary chores through mobile apps, time has come to partner with several of these services providers and integrate them into Hike in 2016,” said Kavin.
To solve data and storage bottlenecks which a majority of low-end smartphone users in India face, Kavin plans to morph Hike into an all-encompassing application where people can buy groceries, book a cab, or order food.

Kavin’s argument is simple. Why do people have to install so many apps if one integrated app can find the nearest cinema, book tickets, and receive them on a messenger application?
Hike will also be looking for a large funding round in the new year, beyond the investments raised this week. In 2014, it raised $65 million from Tiger Global Management.
This is an excerpt from Tech in Asia. You can read the full article here.
You’ve reached your limit of 5 free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories
Over 30 subscriber-only stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app