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Loco, Pioneer Of Indian Live Game Streaming And Esports, Closes $42 Million

April 12, 2022
2 mins

We are excited to share that Loco closed its Series A led by Hashed, Makers Fund, Catamaran Ventures, Krafton, Korea Investment Partners, Lumikai, and Hiro Capital.

Anirudh Pandita, Ashwin Suresh, and the incredible team at Loco have pioneered the live game streaming and esports model in India. The platform is now streaming 1,000+ hours of new content from 45,000 streamers to millions of active users every day!

India's gaming ecosystem will be amongst the largest in the world, with an expected 100Mn+ MAUs, 2x the global average watch time, and hundreds of thousands of creators in dozens of Indian languages serving millions of fans with this new mode of entertainment. Loco has built the platform for gaming to evolve into a mainstream national interest for Indians!

Loco partners with global brands like the NBA, Logitech, and Red Bull to run India-focused esports programs while hosting some of the country’s largest tournaments in collaboration with global publishers like Activision, Ubisoft, Krafton, and Riot Games.

The company will use the funding to support acceleration in streaming technologies, content creation, Web3 use cases, and growing the gamer and creator ecosystem.

3one4 Capital has been an early partner since the seed round and we’re proud to support Loco as it continues reinventing the entertainment experience for Indians!

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