Kavin Mittal-backed Hike has exited WinZO, a vernacular social gaming platform, for $12 million. This comes whilst Hike has launched its personal gaming platform known as Rush.
Hike had earlier participated within the $5 Million Series-A funding in WinZO again in 2019 and has obtained 4X returns inside 18 months.
WinZO has raised an extra $13 million capital from its current investors- Stephan Pagliuca, Makers Fund, and Courtside Venture.
These traders had led the $18 million Series B to fundraise for WinZO in September 2020, taking the overall tally for the three-year-old startup to $38 million.
This 12 months, Hike had introduced shutting down its main messaging enterprise and launched a gaming app, Rush, just like WinZO.
