Father didn’t tell him to, but Kavin Mittal took a Hike

Hike Messenger’s new office at the Aerocity in Delhi was designed by Kavin Mittal, its 27-year-old CEO. That is in keeping with Mittal’s career choices; he chooses to build his own things. He could have joined any of the several businesses of Bharti Enterprises, which his father Sunil controls. But Kavin Mittal chose to build a new one, though he kept it under Bharti’s equal-stakes venture with Japan’s telecom and Internet giant SoftBank.

Analysts say Mittal is aiming rather high. “Investors now want to see revenue. Hike has only two options to make money – open up the platform for marketers, or allow in-app purchases. If Hike is opened up, it should have permission-based ads, or the experience will go for a toss,” says Sanchit Vir Gogia, CEO and chief analyst of Greyhound Research

Source: Hindustan Times

Leave a Reply