je.st
news
Tencent, Foxconn lead USD 175 mln investment in India's Hike
2016-08-16 12:11:00| Telecompaper Headlines
(Telecompaper) Hike Messenger, India's homegrown mobile messaging platform, announced that it has raised a Series D financing of over USD 175 million, in a new funding round led by Tencent and Foxconn Technology Group valuing the company at close to USD 1.4 Billion. Existing investors Tiger, Bharti Airtel and the SoftBank Group also participated in this round. This is the fourth venture capital round and the biggest to date for Hike, taking the total investment to over USD 250 million so far.
Tags: lead
investment
usd
hike
Category:Telecommunications