Messaging app Hike, backed by SoftBank and Tencent, shut down and vanished from app stores. The startup founded by billionaire-family scion Kavin Bharti Mittal valued at $1.4 bn in a 2016 funding round decided to go off the air without explanation. On Jan. 6, Mittal — son of Sunil Bharti Mittal — announced the closure. “India won’t have its own messenger,” Mittal wrote on Twitter. “Global network effects are too strong (unless India bans Western companies.)”