<ul><li>Bengaluru-based social gaming startup Eloelo reported zero operating revenue and Rs. 99 Crore loss in FY24.</li><li>The startup raised Rs 114 crore in a fresh Series B funding round led by Play Ventures, with participation from existing backers Westbridge and Kalaari.</li><li>Eloelo blends interactive gaming with creator-led live content, targeting Gen Z audiences, and aims to make its presence in India's online gaming industry.</li><li>The startup had previously raised over $50 million in total funding, including a $22 million pre-Series B round led by Courtside Ventures and Griffin Gaming Partners.</li></ul>

Social Gaming Startup Eloelo Raises Rs. 114 Cr After Reporting Zero Revenue And Rs 99 Cr Loss In FY24

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