Eloelo Raises $22Mn In Funding From Courtside Ventures, Griffin Gaming Partners

Lumikai portfolio company Eloelo has raised a $22Mn pre-Series B round led by Courtside Ventures and Griffin Gaming Partners. Lumikai co-invested in the round alongside MIXI, Waterbridge Ventures, Kalaari Capital, Convivialité Ventures and Rocket Capital.

Over two years, Eloelo has defined digital third places for new-age Indian audiences through its social live stream entertainment formats, hosting more than 50K live streams a day. Its interactive formats have found audiences across genders, ages and languages. Lumikai has backed Saurabh Pandey and the Eloelo team since the company's early days and continues to support its growth.

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