Kavin Bharti Mittal to shut down ‘Hike’ after India’s ban on real-money games: ‘Not the best use of capital or time…’

Sunil Bhati Mittal’s son Bharti Airtel Support Group family Kavin Bharti Mittal, a social media broadcast, teams and investors together with India’s real money games after the new ban on Hikhe’s operations completely ‘wind’ announced.

In a LinkedIn mail, Kavin Bharttal Mittal announced how the company started its activities in the US nine months ago, but after the last ban of India, the company will have to make a “full summary ..

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Mittal, this ‘reset’ in operations will be the best use of time and money, he said.

“After re -grouping with our investors and team, I made a hard decision to completely wrap the hike,” he said. “A reset for the best use of capital or time.”

The online game law, which was spent in August 2025, prohibits all online games with money transactions.

Mittal in India’s ban on real money games

Kavin Bharttal Mittal in a previous bulletin for his readers, ‘billions of dollars of investment in the sector’ in the country for entrepreneurs, developers and teams on behalf of the ‘disappointment’ expressed.

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The bulletin, published on 21 August 2025, said that although Mittal was disappointed, the government generally understood the society’s decision.

Mittal, “the government believes to be true for society, we understand and respect the decision to take a moral stance. Policy -making complex and democracies often contain difficult exchanges,” he said.

This announcement also announced that the company supports India operations and was great towards the US market. However, on September 13, 2025, Mittal, his team and investors ‘march completely wrapped’ decision announced.

HEME’s real money game job

According to the LinkedIn data of the company, Hike aims to create a gaming economy in which players can play and win to grow in the networks they have created.

In August 2021, Hike collected capital from Tinder’s coastal investors such as Tinder’s Justin Mateen, Cred’s Kunal Shah, Softbank Vision Fund, Binny Bansal (Flipkart’s Founding Partner), and Snapeal’s Kunal Bahl.

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The company worked remotely with 110 employees and spread to 30 cities in India. The story, which initially started as a messaging application, was closed in 2021.

After this closure, the company started to work on the real money game business called ‘Rush’. This business included 14 money -based mobile games for users to play and activated them with web3 technologies and a game business model.

“With Rush, we created an ordinary PVP gaming platform with Rush, and in just 4 years we have 10 million users and gross income (CEA) $ 500 million+ Scale, M Mittal Son LinkedIn said.

Mittal, who announced the last closure, said that his learning from this experience was ‘priceless’ and this was the end of a section for him, but the next ‘climbing’ is looking forward to the next.

“This is both a disappointment and a difficult result. But I choose to look at the bright side: Learnings are invaluable and my belief is even stronger for the next thing,” Mittal said.