‘Closing a chapter, opening a New One’: Kavin Mittal confirms global shutdown of Hike

Kavin Bharti Mittal, CEO of Hike, has announced the shutdown of the gaming and messaging app globally, citing shifting market dynamics and regulatory challenges, including the recent real-money gaming ban in India. Despite a strong start for their US business, Mittal decided against a full recapitalization, expressing excitement for future ventures in AI, energy breakthroughs, and self-mastery.

‘Closing a chapter, opening a New One’: Kavin Mittal confirms global shutdown of Hike
Kavin Bharti Mittal, CEO of Hike, has announced the shutdown of the gaming and messaging app globally, citing shifting market dynamics and regulatory challenges, including the recent real-money gaming ban in India. Despite a strong start for their US business, Mittal decided against a full recapitalization, expressing excitement for future ventures in AI, energy breakthroughs, and self-mastery.