Kavin Bharti Mittal

Kavin Bharti Mittal
Nationality Indian
Alma mater Imperial College London
Occupation Founder & CEO of hike Messenger
Known for hike Messenger

Kavin Bharti Mittal is an Indian Software engineer and Internet entrepreneur known for being the founder and CEO of hike Messenger, the world's sixth largest mobile messaging application. He is the son of Sunil Mittal, the founder and chairman of Bharti Airtel, India's largest telecom company with a user base of over 350 million.[1][2][3]

Early life

Kavin was born as the son of billionaire Sunil Mittal and his wife Nyna Mittal. He has a twin brother Shravin and a sister Eiesha. Sharan Pasricha is his brother-in-law. Kavin studied for a Master's degree in Electrical and Electronics Engineering and Management from the Imperial College London. He was a part of the college go-kart and cricket team. Kavin is a follower of Zen Buddhism.[4][5][6]

Career

He worked as an intern at McLaren Racing, Google and Goldman Sachs while studying in London. While interning at McLaren Racing, he helped them embed a technology, that would show the track flags on steering wheels. He founded an app company called AppSpark, while he was in his final year at college in 2008. He also set up a movie-ticketing application called MoviesNow for IOS, in collaboration with movietickets.com. The app received recognition from Apple as 'One of the 10 Essential Movie Goer Apps'. He also developed an Foodster to suggest popular items on the menu, while visiting a restaurant.[4][6]

He founded hike Messenger on 12th December 2012. hike received initial funding of $21 million from Bharti Softbank and $65 million from Tiger Global. Other Investors in hike include Adam D'Angelo, Ruchi Sanghvi and Matt Mullenweg. Within 3 years, hike has grown to become the largest Indian internet company by users - with a tally of 100 million users. By July 2014, it was the most downloaded application on both the India Apple app store and the Google Play store for Android devices.[7][4][8]

A recent round of funding by Tencent and Foxconn has led to hike being valued at $1.4 Billion. hike became the fastest Indian startup, and the only free application among the lot to be valued at over $1 billion. A 2015 study by Ericsson Consumer Lab said that 44 percentage of the respondents in India used hike at least once in a month, compared to 98 percentage of the respondents for WhatsApp. hike users also exchange 40 billion messages a month and spend 120 minutes a week on the app. According to him, hike will start monetization in 2019 after having a comfortable critical mass on the product. [9][10][11][12][13][14]

In January 2015, he acquired US based VoIP company Zip Phone for an undisclosed amount. His twitter account was hacked on October 2016, with the hackers sharing tips to loose weight on his twitter page.[15][16]

See also

  1. Sunil Mittal
  2. hike Messenger

References

  1. ↑ "'Being Kavin Bharti Mittal: Inside India Inc's brightest scion'". Business Insider. Retrieved 2 December 2016.
  2. ↑ "'Airtel Becomes Third-Largest Mobile Operator Globally'". NDTV. Retrieved 2 December 2016.
  3. ↑ "'Of Kavin Mittal, startups and Chinese IT giants'". Hindustan Times. Retrieved 2 December 2016.
  4. 1 2 3 "'Kavin Mittal goes his own way'". Forbes India. Retrieved 2 December 2016.
  5. ↑ "'Zen Buddhism makes India's most privileged startup founder cool about being a billionaire's son'". Quartz. Retrieved 2 December 2016.
  6. 1 2 "'Newsmaker: Kavin Mittal'". Business Standard. Retrieved 2 December 2016.
  7. ↑ "'Climbing up with Hike: The journey of Kavin Bharti Mittal'". Gizmodo. Retrieved 2 December 2016.
  8. ↑ "'A billionaire's son designs an app to keep nosy parents at bay'". Quartz. Retrieved 2 December 2016.
  9. ↑ "'Sunil Mittal & family'". Forbes. Retrieved 2 December 2016.
  10. ↑ "'Bharti Airtel Chairman Sunil Mittal's son Kavin betting big on mobile app Hike'". CNBC. Retrieved 2 December 2016.
  11. ↑ "'For Hike to win, WhatsApp doesn't have to lose: Kavin Bharti Mittal'". Mint. Retrieved 2 December 2016.
  12. ↑ "'Hike vs WhatsApp: How the desi messaging app stacks up'". Business Standard. Retrieved 2 December 2016.
  13. ↑ "'Hike Doesn't Compete With Whatsapp and FB Messenger: Kavin Bharti Mittal'". Bloomberg Quint. Retrieved 2 December 2016.
  14. ↑ "'Is Hike Messenger worth the hype and $1.4 billion?'". Times of India. Retrieved 2 December 2016.
  15. ↑ "'India App Hike Buys U.S. Startup Zip Phone'". The Wall Street Journal. Retrieved 2 December 2016.
  16. ↑ "'Twitter account of hike CEO hacked'". Dainik Bhaskar. Retrieved 2 December 2016.

External links

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