Hike acquires Creo A bengaluru based startup to provide better features and attract more users.
One of the most famous Instant Messaging(IM) platform in India Hike has recently acquired a bengaluru based startup Creo.The amount the hike paid for this deal of acquisition is yet to be disclosed. Source: deccanherald.com The cero team constitutes over 50 members and was created in 2013 by Sai Srinivas Kiran G & Shubham.Creo team worked in providing Hardware products like streaming dongles and mobile phones. The main reason for this deal was to create a developer's platform for Hike for third party to develop and add functionalities. According to a spokesperson at hike " The Creo team will begin work on a developer platform to enable third party developers to build services on the Hike platform," Source: BGRIndia.com In August 2016,Hike raised its fourth round of funding by 165 million USD which was led by Tencent and Foxconn.Currently there are 5 investors that are funding Hike they are Tencent,Foxconn,Softbank,Bharti & Tiger Global. Hi...