Hike, established in 2012, is making strides in the rapidly expanding gaming industry in India by developing the Hike Gaming Nation. The company aims to fuse traditional gaming with economic opportunities, creating a robust game economy where players can not only play but also earn and own stakes in the networks they engage with.
In August 2021, Hike secured significant funding from leading innovators and investors, with the round led by Justin Mateen of Tinder. Notable participants included prominent figures such as Rajeev Misra from SoftBank Vision Fund, Sean Rad, Arjun Sethi of Tribe Capital, Bhavin Turakhia, Kunal Shah, Binny Bansal, among others.
The company currently operates with a remote team of around 110 professionals spread across 30 cities. Hike's latest funding round, a Venture Round on May 5, 2022, saw investments from Republic, Jump Crypto, and Tribe Capital, underscoring continued confidence in its innovative approach to gaming and social media within the growing Web3 landscape.