Informative

Eloelo To Raise INR 114 Cr From Play Ventures, Kalaari, Others

Update / Judgement Date

08 Apr 2025

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

Financial ManagementStart-Up & DPIIT

Eloelo is set to raise INR 114 crore in funding from Play Ventures, Kalaari Capital, and other investors. This significant capital infusion indicates strong investor interest in the social gaming platform despite its earlier reported losses. The funding will likely be used to fuel Eloelo's growth, enhance its platform, and expand its user base in the burgeoning online gaming market in India.

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Eloelo To Raise INR 114 Cr From Play Ventures, Kalaari, Others

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