Social entertainment startup Eloelo raises $13.5 million from Play Ventures

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Live social entertainment platform Eloelo has raised $13.5 million (Rs 114.3 crore) in a Series B funding round led by Play Ventures.

The round also saw participation by Kalaari Capital, MIXI Investments, Gameskraft Technologies, Griffin Gaming Partners, Waterbridge Ventures, Courtside Ventures, and Rocket Capital.

The company plans to use the new capital to deepen its AI-powered creator tools, expand into Indian diaspora markets, and scale its offerings up.

Founded in July 2020 by Saurabh Pandey, Eloelo offers live video and audio streaming combined…



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Social entertainment startup Eloelo raises $13.5 million from Play Ventures


Live social entertainment platform Eloelo has raised $13.5 million (Rs 114.3 crore) in a Series B funding round led by Play Ventures.

The round also saw participation by Kalaari Capital, MIXI Investments, Gameskraft Technologies, Griffin Gaming Partners, Waterbridge Ventures, Courtside Ventures, and Rocket Capital.

The company plans to use the new capital to deepen its AI-powered creator tools, expand into Indian diaspora markets, and scale its offerings up.

Founded in July 2020 by Saurabh Pandey, Eloelo offers live video and audio streaming combined…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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