Creo Team founders were ex-Hikers.
The Bangalore based startup now constitutes over 50+ members. Sai and Shubham were ex-employees of Hike.
"The Creo team will begin work on a developer platform to enable third party developers to build services on the Hike platform", said a Hike spokesperson.
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"We wish to offer clarity as regards our position on a possible transfer of Philippe Coutinho ", Fenway Sports Group said. Keeping Philippe Coutinho in the face of intense interest from Barcelona would be another significant statement of intent.
Now the company said it has over 300 employees spread across two offices in Delhi and Bangalore.
In the past, Creo has launched hardware products that includes streaming media dongles and smartphones.
The home-grown messaging service is looking to overtake messaging service WhatsApp and mobile wallet company Paytm to become the leading messaging and payment app in the country.
Hike Messenger, which started operation in 2012, has now acquired a user base of over 100 million in January 2016. Last year, the company raised $175 million in its fourth round of funding led by Tencent and Foxconn at a valuation of $1.4 billion.
Hike Messenger is backed by investors such as Tencent Holdings and Foxconn Technology Group, among others.