Venture Intelligence (TSJ Media Pvt. Ltd.)
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Social gaming co. eloelo raises Rs.114-Cr led by Play Ventures
Bengaluru-based social gaming platform eloelo has raised INR 114 crore (USD 13 million) in a Series B round led Play Ventures (which contributed INR 34.7 crore), with participation from Gameskraft Technologies (INR 21.7 crore), Westbridge Capital (INR 8.7 crore) and Kalaari Capital (INR 13 crore). The balance investment amount is split among Countryside Ventures, Rocket Capital, MIXI Global and Veenita and Vinay Mittal.Co-Founded in 2020 by Saurabh Pandey and Akshay Dubey, Eloelo is a live social entertainment platform that enables creators to host Interactive Video and Audio Livestreams to connect with their viewers.
Between July-20 and Sep-23, eloelo had attracted about USD 37.48 M from LogX Ventures, Peak XV Partners, WaterBridge Ventures,Lumikai,Kalaari Capital, KB Investment,Rocket Capital, Shastra VC, MIXI, Courtside Ventures, Others
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.