# Eloelo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/eloelo

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.eloelo.in
- Total disclosed funding: $108M
- Latest round: Series C (Nov 4, 2026)
- Investors on record: 19

## About

Eloelo is an India-based live social entertainment platform that allows creators to engage audiences through interactive video and audio livestreams, catering primarily to the preferences of the Indian youth.Founded in 2020 and headquartered in Bangalore, India, Eloelo operates a platform that connects content creators with their audiences through interactive livestreaming. The company has raised a total of INR 1.14 billion in funding, with the most recent Series B round completed in April 2025, led by Play Ventures. The founders are Akshay Dubey, Anmol Agarwal, Himanshu Kumar, and Saurabh Pandey, who currently serves as the CEO.Eloelo operates as a live social entertainment platform primarily catering to the Indian market, allowing creators to engage with their audiences through interactive video and audio livestreams. The platform facilitates a variety of social live streams that support multiple local languages, enabling users to connect and build relationships while enjoying a diverse range of entertainment options. It caters to both content creators and consumers, featuring moderated live feeds and audio calls to ensure a safe and engaging environment. Eloelo's services are tailored for India's youth, incorporating creator-led chatrooms and community-building formats to enhance local engagement.In the most recent year of 2023, Eloelo reported a revenue of INR 0, with an EBITDA of -INR 5,507.3.In April 2025, Eloelo raised INR 1.14 billion in Series B funding led by Play Ventures, with participation from various investors including Gameskraft Pvt Ltd and Kalaari Capital. The company intends to utilize this funding to expand operations, which may include the launch of new products and services aimed at enhancing user engagement. Specific details regarding new market expansions or product launches have yet to be disclosed.

## Funding rounds

- Series C, Nov 4, 2026, $80M — Hornbill Capital, NBCUniversal, Griffin Gaming Partners, Play Ventures, WaterBridge Ventures, MIT Investment Co., Kalaari Capital
- Series B, Apr 7, 2025, $13M — Kalaari Capital, WestBridge Capital, Courtside Ventures, WaterBridge Ventures, Play Ventures, Rocket Capital, Griffin Gaming Partners, Gameskraft Pvt Ltd, MIXI Co., Ltd.
- Series A, Jun 14, 2022, $12M — Kalaari Capital, WaterBridge Ventures, Convivialite Ventures, Rocket Capital, Lumikai, KB investments
- Seed, Jul 28, 2021, $2.1M — Better Capital, WaterBridge Ventures, LVX, Lumikai, AL trust
- Seed, Jul 15, 2020, $0.4M — WaterBridge Ventures, Appyhigh Technology LLP

## Investors

- WaterBridge Ventures (https://capitalatlas.ai/funds/waterbridge-ventures) — Seed, Series A, Series B, Series C
- Appyhigh Technology LLP — Seed
- Better Capital — Seed
- LVX (https://capitalatlas.ai/funds/lvx) — Seed
- Lumikai (https://capitalatlas.ai/funds/lumikai) — Seed, Series A
- AL trust — Seed
- Kalaari Capital (https://capitalatlas.ai/funds/kalaari-capital) — Series A, Series B, Series C
- Convivialite Ventures (https://capitalatlas.ai/funds/convivialite-ventures) — Series A
- Rocket Capital (https://capitalatlas.ai/funds/rocket-capital) — Series A, Series B
- KB investments — Series A
- WestBridge Capital — Series B
- Courtside Ventures (https://capitalatlas.ai/funds/courtside-ventures) — Series B
- Play Ventures (https://capitalatlas.ai/funds/play-ventures) — Series B, Series C
- Griffin Gaming Partners (https://capitalatlas.ai/funds/griffin-gaming-partners) — Series B, Series C
- Gameskraft Pvt Ltd — Series B
- MIXI Co., Ltd. — Series B
- Hornbill Capital — Series C
- NBCUniversal — Series C
- MIT Investment Co. — Series C