About Loco
Loco is a Media & Entertainment company based in Bengaluru (India) founded in 2018 by Chetan Dhembare, Ashwin Suresh, and Anirudh Pandita, and was acquired by Redwood Technologies in September 2024. It operates as a live game streaming for gamers is offered via Android app. Loco has raised $51 million across 2 funding rounds from investors including Krafton, Pocket Aces and Korea Investment Holdings. The company has 35 employees. Its Indian entity Stoughton Street Tech Labs Private Limited reported revenue of ₹1.22 Cr. Loco offers products and services including Live Streaming Service, Esports Tournaments, and Gaming Content Platform. Its focus areas include Gaming, eSports, Broadcasters and Live Streaming. Its competitors include Twitch, Enthusiast Gaming, StreamElements, Huya and Sportvot and 5 more; 10 of its 10 listed competitors have raised funding.
Company details
Loco was founded in 2018 in Bengaluru, India, as a social platform within the gaming sector. A live streaming app is provided exclusively for Android users, enabling gameplay and viewing of eSports videos. Operations focus on community engagement for gamers, with revenue generated through in-app advertisements and purchases. The platform serves users primarily in the Indian market.
- Headquarters Bengaluru, India
- Employees 35
- Founders Chetan Dhembare, Ashwin Suresh, Anirudh Pandita
- SectorsMedia & Entertainment
- Email••••••••
- Website loco.gg
- Social LinkedIn X Facebook Instagram
- Acquired by Pocket Aces (Jan 2018)
- Legal Name Stoughton Street Tech Labs Private Limited
- Date of Incorporation 06 Mar, 2018
- Annual Revenue₹1.22 Cr
FY 2023 · +35% YoY
- Net Loss-₹267 Cr
FY 2023 · -21849% margin
- EBITDA-₹263 Cr
FY 2023 · -21580% margin
- Total Equity Funding$51M (USD)
in 2 rounds
- Latest Funding Round$42M (USD), Series A
Mar 2022
- InvestorsKrafton
& 11 more
- Employee Count35
- Acquired by
Associated legal entities of Loco
Loco is associated with 2 registered companies on The Company Check; the primary company is Stoughton Street Tech Labs Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Stoughton Street Tech Labs Private Limited CIN U74999MH2018FTC305920 | Active | 06 Mar 2018 | Mumbai, Maharashtra | ₹1.2 Cr | 69 | 3 | View details |
| Stoughton Street Tech Labs Private Limited CIN U74999MH2018PTC305920 | Active | 06 Mar 2018 | Mumbai, Maharashtra, India | $121,000 | – | – | View details |
Products & Services of Loco
Loco offers a comprehensive portfolio of products and services, including Live Streaming Service, Esports Tournaments, and Gaming Content Platform.
Service for real-time game streaming and viewer interaction.
Platform for organizing and participating in online gaming events.
Hub for accessing free games, streams, and community features.
Funding Insights of Loco
Loco has successfully raised a total of $51M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $42 million completed in March 2022. 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 $51M
- Total Rounds 2
- Last Round Series A — $42M
- First Round $9M
(Jun 2021)
- Investors Count 10
All 2 funding rounds of Loco with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
12 investors in total: 12 institutional.
Investors in Loco
Loco has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Krafton, Pocket Aces and Korea Investment Holdings.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on crypto-assets | – | hashed.com | Seoul, South Korea | |
Venture capital funding for games and interactive entertainment. | – | makersfund.com | - | |
Venture capital investments are directed toward entertainment sectors. | – | lumikai.com | Delhi, India | |
Investment holding firm established in Seoul in 2003. | 2003 | koreainvestment.com | Seoul, South Korea | |
Hiro Capital is engaged in venture capital investments. | – | hiro.capital | London, United Kingdom | |
Catamaran is engaged in venture capital and private equity investments. | – | catamaran.in | Bengaluru, India | |
Venture capital investments in technology sectors like SaaS and Fintech in India. | 2016 | 3one4capital.com | Bengaluru, India | |
Venture capital firm investing in early-stage startups in technology sectors. | 2014 | axilor.com | Bengaluru, India | |
VC firm investing in early and mid stage companies in growing markets | 2013 | northbasemedia.com | Chevy Chase, United States | |
A variety of online multiplayer games is provided by Krafton. | 2007 | krafton.com | Seoul, South Korea |
Investor details for Loco
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Stoughton Street Tech Labs Private Limited (Loco)
Stoughton Street Tech Labs Private Limited is the primary company behind Loco. The board of Stoughton Street Tech Labs Private Limited currently have 3 directors; the longest-serving is Anirudh Pandita, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anirudh Pandita DIN 06766037 | Director | 06 Mar 2018 | 8 yrs 7 mo | Stoughton Street Tech Labs Private Limited |
| Ashwin Suresh DIN 06713851 | Director | 06 Mar 2018 | 8 yrs 7 mo | Stoughton Street Tech Labs Private Limited |
| Juan Luis Santana Ruiz DIN 11145226 | Additional Director | 13 Jun 2025 | 1 yr 4 mo | Stoughton Street Tech Labs Private Limited |
People of Loco
13 people are tracked at Loco (5 in leadership, 8 in team); the tracked headcount is 35.
| Name | Role | Group |
|---|---|---|
Chetan Dhembare | Co-Founder & CTO | Leadership |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Devansh Narang | Head- Content Supply, Programming & Streamer Talent | Leadership |
Pradipta Sarkar | Product Director | Leadership |
Subin S | Content & Social Media Associate | Team |
Gamingworld Verified | Content Creator | Team |
Khusboo Grover | Content Supply | Team |
Prashant Sharma | Sr. Associate - Content Operations | Team |
Amogh Parab | Product Manager | Monetization | Team |
Vishal Verma | Sr. Associate - Content Supply Operations & Talent Management | Team |
Chanakya Vishwanath Reddy | Product Management | Team |
Arnab Chowdhury | Operations Lead- Influencer And Content Programming | Team |
Complete people profiles for Loco
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Loco
Figures of Stoughton Street Tech Labs Private Limited, the primary company behind Loco, for FY 2023. Revenue was ₹1.22 Cr (+35% year on year). Net loss was -₹267 Cr (-21849% margin). EBITDA was -₹263 Cr (-21580% margin).
- ₹1.22 CrRevenue · FY 2023 · +35% YoY
- -₹267 CrNet loss · -21849% margin
- -₹263 CrEBITDA · -21580% margin
- ₹39 LakhPaid-up capital
- 69Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Stoughton Street Tech Labs Private Limited are on its company page.
Detailed financial statements for Loco
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Loco
5 dated milestones of Loco across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Loco is founded.
- Exit Acquired by Pocket Aces.
- Funding First funding round of $9.0M.
- Funding Latest funding round, Series A, of $42.0M.
- Exit Acquired by Redwood Technologies.
Competitors of Loco
Loco has 10 listed competitors in our database, 10 of them funded. They include Twitch, Enthusiast Gaming, StreamElements, Huya and Sportvot, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| twitch.tv | 2006 | San Francisco, United States | $35.12M | – | ESports social video streaming platform | |
| enthusiastgaming.com | 2013 | Toronto, Canada | $600,000 | – | Esports enthusiasts are connected via online platforms, forums, and events. | |
| streamelements.com | 2016 | Tel Aviv, Israel | $111.3M | – | Monetization and engagement tools for live streaming are provided. | |
| huya.com | 2013 | Guangzhou, China | $537M | – | Online gameplay is streamed live via a broadcasting portal. | |
| sportvot.com | 2019 | Mumbai, India | $1.63M | 21 | Live sports streaming and casual venue services are provided. | |
| garena.com | 2007 | Singapore | $722M | – | Mobile entertainment and communication | |
| douyu.com | 2014 | Wuhan, China | $958.46M | – | Live video streaming platform operated with interactive features for users. | |
| rooter.gg | 2016 | Delhi, India | $45.99M | 57 | Live gaming, streams, and video content platform is operated. | |
| theta.tv | 2016 | San Jose, United States | $31.97M | – | Blockchain based esports streaming platform | |
| ustream.tv | 2007 | San Francisco, United States | $48.63M | – | Live and on-demand eSports video streaming services are offered. |
Detailed competitors of Loco
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in eSports & Competitive Gaming
10 companies that operate in the same segment as Loco (eSports & Competitive Gaming), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operator of a platform providing skill-based games and interactive entertainment | 2018 | Delhi, Delhi, India | USD 92 M | USD 83.05 M | 1 | |
ESports social video streaming platform | 2006 | San Francisco, California, United States | USD 35.12 M | – | – | |
Real money skill-based gaming is facilitated through an online platform. | 2018 | Bengaluru, Karnataka, India | USD 401.22 M | USD 100.11 M | 212 | |
Video games are developed and eSports tournaments are organized. | 2006 | San Francisco, California, United States | USD 15 M | USD 630.41 K | 4 | |
eSports platform for skill showcasing and tournament hosting. | 2012 | London, England, United Kingdom | USD 17 M | USD 33.11 M | 89 | |
Esports league organization and organizer | 2010 | Los Angeles, California, United States | USD 40 M | – | – | |
Esports tournaments and events are organized across multiple games. | 2015 | Gurugram, Haryana, India | USD 66.15 M | USD 53.59 M | 74 | |
Online gameplay is streamed live via a broadcasting portal. | 2013 | Guangzhou, Guangdong, China | USD 537 M | USD 904.56 M | 1,250 | |
Live gaming, streams, and video content platform is operated. | 2016 | Delhi, Delhi, India | USD 45.99 M | USD 1.38 M | 79 | |
Mobile core genre games are developed for various platforms. | 2009 | Nicosia, Cyprus | USD 6 M | – | – |
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Related news about Loco
Complete news archive for Loco
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Frequently Asked Questions about Loco
Loco was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Loco is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Loco is a funded company, having raised a total of $51M across 2 funding rounds to date. The company's 1st funding round was a Seed of $9M, raised on Jun 2021.
Loco has 35 employees.
The primary company behind Loco, Stoughton Street Tech Labs Private Limited, reported revenue of ₹1.22 Cr for FY 2023, up 35% year on year.
Loco was founded in 2018 in Bengaluru, India, as a social platform within the gaming sector. A live streaming app is provided exclusively for Android users, enabling gameplay and viewing of eSports videos. Operations focus on community engagement for gamers, with revenue generated through in-app advertisements and purchases. The platform serves users primarily in the Indian market.
Loco offers Live Streaming Service, Esports Tournaments, and Gaming Content Platform.
Loco has 12 investors. Key investors include Krafton, Pocket Aces, Korea Investment Holdings, 3one4 Capital, and North Base Media.
Loco operates through Stoughton Street Tech Labs Private Limited.
Yes. Loco was acquired by Pocket Aces in January 2018.
The legal entities of Loco currently have 3 directors, including Anirudh Pandita, Ashwin Suresh, Juan Luis Santana Ruiz.