The company stated it would deploy the infused funds to focus on creator
partnerships as well as aid the launch of new Live game formats, scaling the platform to the next 10 Mn users
EloElo is a live streaming and social gaming platform that brings indigenous activities like tambola and talented performers in live formats with creators hosting games for their community of fans
From INR 136 Bn revenue and 433 Mn gamers today, the gaming market is expected to reach a revenue of INR 290 Bn and 657 Mn gamers by 2025
Live social gaming platform EloElo has raised a pre-series A round of $2.1 Mn co-led by Waterbridge Ventures and Lumikai Fund. Better Capital and talent management firm Exceed Entertainment also participated in the round.
The company stated it would deploy the infused funds to focus on creator partnerships as well as aid the launch of new Live game formats, scaling the platform to the next 10 Mn users.
Founded in August 2020 by IIT and IIM alumni Saurabh Pandey and Akshay Dubey,…