Hike eyes acquisitions to ‘unbundle’ main app

New Delhi: Home-bred app Hike, which counts Softbank, Tencent, and Foxconn as investors, is looking for acquisitions to execute its new strategy to ‘unbundle’ its main app into three standalone apps on messaging, gaming and news & video. “We are open for M&A for our unbundling strategy. We haven’t finalised anything yet,” Kavin Mittal, chief executive and founder of Hike, told ET. “At the end of the day, we need to ensure that we have a great set of people to build great products.” Hike rolled out its first standalone messaging app on Tuesday.