About EloElo
EloElo is a company based in Bengaluru (India) founded in 2020 by Saurabh Pandey.. EloElo has raised $51.05 million across 5 funding rounds from investors including Angel List, Pernod Ricard and Wellfound. The company has 115 employees as of April 07, 2024. EloElo operates in a competitive market with competitors including Roblox, Rec Room, Tango, GroupMe and E-Pal, among others.
- Headquarter Bengaluru, India
- Employees 115 as on 07 Apr, 2024
- Founders Saurabh Pandey
- Stage Minicorn
-
Sectors
TelecommunicationsMedia & Entertainment
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Greenhorn Wellness Private Limited
- Date of Incorporation 20 Feb, 2020
- Jurisdiction Bangalore South, Karnataka, India
-
Annual Revenue
$249.61 K (USD)43150as on Mar 31, 2023
-
Net Profit
$-5.21 M (USD)-344.77as on Mar 31, 2023
-
EBITDA
$-5.17 M (USD)-373.61as on Mar 31, 2023
-
Total Equity Funding
$51.05 M (USD)
in 5 rounds
-
Latest Funding Round
$13.5 M (USD), Series B
Apr 10, 2025
-
Investors
Angel List
& 30 more
-
Employee Count
115
as on Apr 07, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of EloElo
EloElo has successfully raised a total of $51.05M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $13.5 million completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $13.5M
-
First Round
First Round
(15 Jul 2020)
- Investors Count 31
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series B - EloElo | Valuation | Play Ventures | |
| Sep, 2023 | Amount | Series A - EloElo | Valuation | Courtside Ventures , Griffin Gaming Partners | |
| May, 2022 | Amount | Series A - EloElo | Valuation | KB Investment , Kalaari Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in EloElo
EloElo has secured backing from 31 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Pernod Ricard and Wellfound. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early stage investments in gaming and consumer apps are made by Play Ventures.
|
Founded Year | Domain | Location | |
|
Investments in early-stage technology companies are made by Kalaari Capital.
|
Founded Year | Domain | Location | |
|
Early-stage tech investments are focused on by WaterBridge in India.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by EloElo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - EloElo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Eloelo Comparisons
Competitors of EloElo
EloElo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Roblox, Rec Room, Tango, GroupMe and E-Pal, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A gaming platform for user-generated content is operated.
|
|
| domain | founded_year | HQ Location |
Tools for creating and playing games are provided without coding.
|
|
| domain | founded_year | HQ Location |
Live-streaming platform for user connections and content monetization is provided.
|
|
| domain | founded_year | HQ Location |
Provider of group messaging application
|
|
| domain | founded_year | HQ Location |
Provider of mobile-based social gaming platform
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Eloelo
Frequently Asked Questions about EloElo
When was EloElo founded?
EloElo was founded in 2020.
Where is EloElo located?
EloElo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of EloElo?
Saurabh Pandey is the current CEO of EloElo. They have also founded this company.
Is EloElo a funded company?
EloElo is a funded company, having raised a total of $51.05M across 5 funding rounds to date. The company's 1st funding round was a Series A of $13M, raised on Jul 15, 2020.
How many employees does EloElo have?
As of Apr 07, 2024, the latest employee count at EloElo is 115.
What is the annual revenue of EloElo?
Annual revenue of EloElo is $249.61K as on Mar 31, 2023.
What does EloElo do?
EloElo was established in 2020 in Bengaluru, India, as a provider of an app-based platform for live social entertainment. Interactive video and audio livestreams are hosted by creators, who connect with viewers through chat rooms, games, and social features. Operations focus on enabling real-time interactions in the digital entertainment sector, serving users across mobile applications.
Who are EloElo's investors?
EloElo has 31 investors. Key investors include Angel List, Pernod Ricard, Wellfound, MIXI, and LetsVenture.
What is EloElo's valuation?
The valuation of EloElo is $99.72M as of Sep 2023.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.