Eloelo Raises $22M in Funding

Eloelo, a Bengaluru, India-based provider of a social gaming and livestreaming platform, reportedly raised $22M in funding.

The round was led by Courtside Ventures and Griffin Gaming Partners, with participation from Mixi, Waterbridge Ventures, Lumikai Fund, Kalaari Capital, Convivialite Ventures, and Rocket Capital.

The company intends to use the funds to expand its business reach.

Founded in 2020 by Saurabh Pandey and Akshay Dubey, Eloelo provides a creator-led social gaming & live streaming platform featuring audio and video live chat rooms with interactive games and building IPs around these offerings. The company also plans to develop tools such as AR filters, AI-based moderation, and analytics to improve the engagement and watch time of these creators’ content.

Eloelo, a Bengaluru, India-based provider of a social gaming and livestreaming platform, reportedly raised $22M in funding. Best wishes to everyone in the group. This will be a huge accomplishment for them in the future.

Shishir Gupta, The Founder & CEO of StartupLanes

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