Tech Company Financing Transactions
Eloelo Funding Round
On 4/10/2025, Eloelo raised $13.5 million in Series B funding from Play Ventures, Courtside Ventures and Griffin Gaming Partners.
Transaction Overview
Company Name
Announced On
4/10/2025
Transaction Type
Venture Equity
Amount
$13,500,000
Round
Series B
Investors
Proceeds Purpose
The proceeds will be used to expand into new markets, enhance product features, and target a $60 million annual revenue run rate by the end of 2025.
Company Information
Company Status
Private & Independent
Industry
AdTech
Mailing Address
BHIVE HSR Sector 6, L-148, 5th Main Sector 6 HSR Layout
Bangalore, Karnataka, 560102
IN
Bangalore, Karnataka, 560102
IN
Phone
Undisclosed
Website
Email Address
Overview
We here at EloElo, believe in the motto 'Live nahi, Life hai!,' because for us, Live streaming is a lifestyle! Bringing together creators & artists from across India, EloElo is where the entire nation goes live. When it comes to Live streaming, we believe in a creator-first approach. Our aim is to build a community of empowered creators who're supported by our platform at every step of the way. With more than 10M+ audience, 50+ Live games & entertainment categories and 1000+ Live Streams being done everyday, EloElo has truly defined its place as India Ka Live Adda!
Management Team
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We do our best to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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