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Eloelo Raises $13 Million In Funding Co-Led By Kb Investments, Kalaari Capital

Jun 02, 2022over 3 years ago

Amount Raised

$13 Million

Pune

Description

Bengaluru: Eloelo, a video streaming platform, announced on Thursday that it has raised $13 million in a new round of funding co-led by KB Investments, Kalaari Capital, and existing investors Waterbridge Ventures and Lumikai Fund. The round also saw participation from Convivialité Ventures and Rocket Capital.

Company Information

Company

Eloelo

Location

Pune, Maharashtra, India

About

The gaming startup provides a live interactive experience where instead of just watching game shows or events, users can participate and become interactive stars. That the company now has a million-strong user base is an important milestone in its vision of creating India's largest platform for the creator economy, he said. Founded in August 2020 by Saurabh Pandey and Akshay Dubey, Eloelo is a livestreaming and social gaming platform. “Eloelo is just that—an engine of growth for creators in Bharat and India.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech