Fast Mover
Kavin Bharti Mittal, Founder and CEO of Hike, has announced the introduction of a payments feature on the instant messaging app using which users can transfer money and pay bills. The company is also in talks with several e-commerce players including Flipkart, Ola and Zomato to integrate its wallet as a payment option in their apps. Hike’s move into the payments space gains significance in the wake of its rival WhatsApp, too, planning to launch a similar service in India.