Eloelo Raises $13Mn In Funding Co-led By KB Investments, Kalaari Capital

Lumikai portfolio company Eloelo has raised $13Mn in funding co-led by KB Investment and Kalaari Capital, with Lumikai continuing its support alongside WaterBridge Ventures. Eloelo is building live, creator-led social gaming for Bharat. At the time of the round, the platform had more than 3.5Mn users, was growing 40% month on month and hosted 2,500 live sessions a day.

Founders Saurabh Pandey and Akshay Dubey have built the platform on product-led thinking and a deep understanding of the creator economy, empowering vernacular Indian audiences through live play.

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