Tencent, the company that pioneered messaging with WeChat, is the big name here, but existing investors Tiger Global, Bharti and SoftBank also took part in the round, which takes Hike to more than $250 million raised to date. The Series D round values the company at $1.4 billion, founder and CEO Kavin Bharti Mittal confirmed to TechCrunch. Hike, a four-year-old messaging app, today announced that it has closed $175 million in funding led by new investors Chinese internet giant Tencent and manufacturing firm Foxconn.
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