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Hike, a messaging and gaming app that emerged 13 years ago to compete with WhatsApp, garnered significant attention. However, the app is now shutting down permanently. Kavin Bharti Mittal, the founder of the app, informed investors via email about the complete closure of Hike, including its US operations. This closure is due to the recent restrictions on real-money gaming in India, which significantly impacted Hike’s business model.
