Hike Messenger acqui-hires over 50 people of Cero

Hike acquires Bengaluru-based Creo

Hike acquires Bengaluru-based Creo

Creo Team has over 50 members.

India's first home-grown messaging app Hike on Friday announced it had acquired Bengaluru-based technology startup firm Creo for an undisclosed sum.

"The Creo team will be working on a developer platform to enable third party developers to build services on the Hike platform", said Hike spokesperson. Hike started associating with Creo as the company became part of a mentoring programme run by Hike CEO and founder Kavin Bharti Mittal.

Creo, earlier named as Mango Man Consumer Electronics was founded in 2013 by two former Hike employees - Sai Srinivas Kiran G, and Shubham Malhotra.

Sai and Shubham are ex Hike employees. In the past, they have launched hardware products that includes streaming media dongles and smartphones.

Hike introduced video calling for its users in October 2016.

Hike was launched on 12 December 2012 and claimed to acquire a user base of over 10 crore in January 2016.

Exactly a year ago, Hike Messenger, which says it has around 100 million users, raised a Series D round of funding of $175 million in a new funding round led by Tencent Holdings Ltd and Foxconn Technology Group valuing the company close to $1.4 billion. Apart from these, some of the top tech veterans from the Silicon Valley have also invested in the company and are advisors.

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