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Hike Revenue Climbs to Rs 19 Cr in FY22, Losses Reach Rs 1,775 Cr
source link: https://nextbigwhat.com/hike-revenue-climbs-to-rs-19-cr-in-fy22-losses-reach-rs-1775-cr/
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Hike Revenue Climbs to Rs 19 Cr in FY22, Losses Reach Rs 1,775 Cr
After many years of difficulty, Hike discontinued Hike StickerChat, changed Hikeland to Vibe and launched an online gaming platform Rush. This strategic move appears to have been successful, as the company’s revenue grew from Rs 13k in FY20 to Rs 19 Cr in FY22. Nevertheless, the losses continued to accumulate and reached Rs 1,775 Cr.
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