India's Hike Messenger in Unicorn club, raises $175m led by Tencent, Foxconn

Visual from Hike website

India-based messaging platform Hike Messenger has raised $175 million in a Series D round of funding led by Tencent Holdings Ltd and Foxconn Technology Group.

The Series D round values Hike at $1.4 billion, enabling the messaging platform to enter the Unicorn league, which is dominated by e-commerce players.

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