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2015-01-08

Homegrown chat app Hike acquires Y Combinator firm Zip Phone

Zip Phone, founded by Anuj Jain in the US, has developed a voice-calling app, which works globally.

India’s homegrown chat application hike messenger today announced its first acquisition of a US-based voice-calling company - Zip Phone. This is the first acquisition by Hike and is aimed at expanding its product range in the internet-based communication space.

Zip Phone, founded by Anuj Jain in the US, has developed a voice-calling app, which works globally. The company was also part of the revered Y Combinator list Summer Batch (2014).

Commenting on the growth and acquisition, Kavin Bharti Mittal, Founder and CEO, hike messenger, said, “From day one we’ve strongly believed that through communication, we can bring India online. With the acquisition we take one more step towards that mission. Zip Phone’s technology will allow us to bring free voice calling to the market much faster. Incidentally, this is one of the top requested features from our users as well. We can’t wait to launch this.

Anuj Jain, Founder, Zip Phone said, “As a start-up enthusiast, I had been keeping a close eye on hike and its developments and I am excited to now be a part of one of the biggest and fastest growing startups in the Indian Internet space and finally, building for India.”

Launched in December 2012, hike has over 35 million users and has raised $86 million from Tiger Global and BSB (Bharti Soft Bank) till date.

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