New Delhi: Bharti SoftBank (BSB) today said it will invest $7 million (about Rs 37 crore) in its messaging application Hike that recently crossed five million users.
"BSB, a joint-venture between Bharti Enterprises and SoftBank Corporation, focused on the mobile-internet space, announced $7 million fresh investment in Hike, its free messaging app," the company said in a statement.
The company said Hike crossed the 5 million users in just four months after its launch on December 12 last year which makes it one of the fastest growing free mobile applications globally.
"The traction for Hike has been phenomenal, especially in such a competitive market. This new round of investment is an endorsement, of the great work put in by the entire team," BSB Director Mike Kayamori said....
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