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  5. Hike Acquires InstaLively LiveStreaming Pvt.

M&A Deal Summary

Hike Acquires InstaLively LiveStreaming Pvt.

On June 29, 2017, Hike acquired internet software and services company InstaLively LiveStreaming Pvt.

Acquisition Highlights
  • This is Hike’s 1st transaction in the Internet Software and Services sector.
  • This is Hike’s 1st transaction in India.

M&A Deal Summary
Date 2017-06-29
Target InstaLively LiveStreaming Pvt.
Sector Internet Software and Services
Buyer(s) Hike
Deal Type Add-on Acquisition

Target

InstaLively LiveStreaming Pvt.

New Delhi, India
InstaLively LiveStreaming Pvt. Ltd. (Pulse) is a provider of hyperlocal social networking app Pulse. InstaLively LiveStreaming Pvt. Ltd. was founded in 2014 and is based in New Delhi, India.

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Buyer(S) 1

Buyer

Hike

India
Category Company
Sector Software
DESCRIPTION

Hike is a peer-to-peer (P2P) messaging app that uses both data and SMS to deliver messages.

DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: India M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-08 Thought Mechanics

Garland, Texas, United States

Thought Mechanics Inc. provides a smartphone application for making free phone calls.

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