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With effect from June 28, the social media app Tiki will shut down operations due to "the recent challenges faced by the tech industry." Tiki recently tweeted about the closure on Friday, June 9.
“We regret to inform you that Tiki will be shutting down its operations. As of 11:59 PM India Time, June 27, 2023, all Tiki functions and services will cease,” the startup announced in a statement.
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After June 27 at 11:59 PM IST, users won't be able to make quick videos or watch streams on Tiki, it was added. Tiki further stated that following the shutdown, it would remove all user data from its data centres in India and Singapore, advising customers to download videos that are important to them, as per reported by Inc42.
“The recent challenges faced by the tech industry have led to the closure of numerous startups, including Tiki. Despite being a small startup operating in Singapore and India, Tiki has always stood for being A Place for Real Talents. We are immensely proud and grateful for the Tiki Family comprising creators and users like you.”, the platform said.
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Tiki's Play Store website shows over 100 million downloads; therefore, the termination is unexpected.
The app was among India's top 30 grossing Google Play Store apps and seventh among free social apps.
About Tiki
Tiki is a "Make in India" for India global short video app. Tiki makes it their mission to support creators to thrive through their talents & to create a community of real talents.
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