Whatsapp Rival Hike Shuts Down Messaging Service

The company's chief executive officer Kavin Bharti Mittal announced the shutdown of its operations recently.

"Today we are announcing that we will be sunsetting StickerChat in Jan'21. We thank you all for giving us your trust. We wouldn't be here without you. All your data will be available to download in the app," Mittal tweeted.

Kavin Mittal is the son of India's second largest telco Bharti Airtel's founder and chairman Sunil Mittal.

The app has been removed from Playstore and Apple's App store.

Users can download their data inside the application. However, the announcement does not mean an end to other apps in development by the company.

The end of Hike's messenger service comes at a time when Signal and Telegram have added tens of millions of users in recent weeks.

Launched in December 2012, Hike was once regarded as a competition to global messaging platforms such as WhatsApp, Facebook Messenger and Viber.

Hike has so far raised over $260 million from investors, including Chinese internet giant Tencent Holdings, manufacturing firm Foxconn Technology Group and the Bharti group.