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Eloelo Raises $2.1 Million To Strengthen Creator Tie-Ups, Fuel Expansion

Jul 27, 2021about 4 years ago

Amount Raised

$2.1 Million

Round Type

seed

Pune

Description

Pune: Eloelo, a Bengaluru-based social gaming and livestreaming startup, has raised $2.1 million in a pre-Series A funding round that was co-led by Waterbridge Ventures and Lumikai Fund. Better Capital and Exceed Entertainment also participated in the financing.

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.