Live streaming platform Eloelo raises $13-M from Rocket Capital, others

Bengaluru-based live-streaming platform Eloelo has raised USD 13 million in a Series A funding round co-led by KB Investment, and Kalaari Capital along with existing investors, WaterBridge Ventures & Lumikai Fund. Rocket Capital and Convivialité Ventures also participated in the round. Eloelo will use the fresh funds for team expansion and to foster more partnerships. Eloelo is a live-streaming and social gaming platform and claims over 3 million users and 100 million gameplays on its platform, which allows creators to host interactive live events with participative games.