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Social gaming co Eloelo to raise Rs 114 Cr from Play Ventures, Kalaari Capital, others

  • Social gaming co Eloelo to raise Rs 114 Cr from Play Ventures, Kalaari Capital, others
  • Eloelo is set to raise Rs 114 crore in a Series B funding round led by Play Ventures, Gameskraft Technologies, WestBridge Ventures, and Kalaari Capital.
  • The funds will be used to expand business operations, meet working capital requirements, and maintain the company's balance sheet strength.
  • Eloelo previously raised $22 million in a pre-Series B funding round and has a post-money valuation of $99.7 million.

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