Indian instant messaging application Hike on Wednesday partnered with Airtel Payments Bank to power its digital payment wallet. “We’re on track of over five million transactions this month (November) from services such as recharge and P2P. “We’re excited and we look forward to working with Airtel on supporting this effort[Read More…]
Tag: Hike
Non-subsidised LPG rates raised by Rs 86 per cylinder
The price of non-subsidised cooking gas (LPG) steeply rose to Rs 86 per cylinder on Wednesday, well reflecting international trends. Non-subsidised LPG, bought by those who have exhausted the quota of 12 bottles of 14.2-kg in a year at below market price, will now cost Rs 737.50. It was priced[Read More…]
MPs may soon get 100% salary hike
The Prime Minister’s Office (PMO) is believed to have agreed to consider a recommendation made by the Joint Committee on Salaries and Allowances of Members of Parliament to revise the Parliamentarians’ salary. The MPs can soon expect a steep hike in salary with a 100% raise, taking their basic pay[Read More…]
Hike raises $175 million in funding, to take on WhatsApp in India
Instant messaging application Hike raised $175 million (₹1,200 crore) from China’s Tencent and Taiwanese firm Foxconn, marking one of the biggest transactions in the Indian startup industry this year. Its existing investors, Tiger Global, Bharti Enterprises and SoftBank Group, also participated in the round of funding. This takes the valuation of[Read More…]