Hike lays off around 55 people after GST hike on online gaming

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The gaming platform claims to have 5.2 million monthly active users and distributed over USD 308 million to winners annually.

Investors in Hike include Tencent, Foxconn, Bharti Group, Tribe Capital, Polygon, Flipkart co-founder Binny Bansal, serial entrepreneur Bhavin Turakhia, and Cred Founder Kunal Shah.(Image credit :Pixabay/file)



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