Hike Acquire Zip Phone; Will Launch Free Voice Calling In India


Hike Acquire Zip Phone; Will Launch Free Voice Calling In India

Hikehike messenger has acquired US-based voice-calling company – Zip Phone. This is the first acquisition by Hike and is aimed at expanding its product range in the internet-based communication space.
Zip Phone, a one-man startup founded by Anuj Jain in the US, has developed a voice-calling app, which works globally. ZipPhone was also part of Y Combinator’s 2014 summer batch.

“Zip Phone’s technology will allow us to bring free voice calling to the market much faster. Incidentally, this is one of the top requested features from our users as well. “ [Kavin Mittal, hike]

Launched in December 2012, hike has over 35M users and has raised $86M from Tiger Global and BSB till date. The app also boasts of a fairly young user base with over 90% of its users being under the age of 25 and residing in India.
The voice calling feature comes at a time when Airtel is taking anti-neutrality stand and is going against VoIP calls.
Interesting times! We certainly hope that there is no ‘exclusive exclusion’ list that Airtel has and the net-neutrality stand doesn’t favor one entity over the other (WhatsApp too is launching its voice calling feature very soon).

Comment (1)

  1. What is the deal size ? I read that Zip phone was started with $50 investment

Leave your thought here



Add to Collection

No Collections

Here you'll find all collections you've created before.