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Hike logs out
Financial Express Chennai
|September 14, 2025
MITTAL, son of Bharti Airtel founder Sunil Mittal, studied engineering in the UK before returning to India to launch Hike in December 2012.
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MITTAL, son of Bharti Airtel founder Sunil Mittal, studied engineering in the UK before returning to India to launch Hike in December 2012. In his Substack post, Mittal explained that while Hike's US business had shown promise, the fallout from India's regulatory clampdown made scaling globally a far more capital-intensive and uncertain exercise. "We could raise the capital, but the real question is: is it worth it? For the first time in 13 years, my answer is no. Not for me, not for my team, and not for our investors," he said.
This story is from the September 14, 2025 edition of Financial Express Chennai.
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