About Loco
Loco is a company based in Bengaluru (India) founded in 2018 by Chetan Dhembare, Ashwin Suresh, and Anirudh Pandita was acquired by Redwood Technologies in September 2024. Loco has raised $51 million across 2 funding rounds from investors including Krafton, Pocket Aces and Korea Investment Holdings. The company has 35 employees as of July 31, 2024. Loco offers products and services including Live Streaming Service, Esports Tournaments, and Gaming Content Platform. Loco operates in a competitive market with competitors including Twitch, Enthusiast Gaming, StreamElements, Huya and Sportvot, among others.
- Headquarter Bengaluru, India
- Employees 35 as on 31 Jul, 2024
- Founders Chetan Dhembare, Ashwin Suresh, Anirudh Pandita
-
Sectors
Media & Entertainment
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$51 M (USD)
in 2 rounds
-
Latest Funding Round
$42 M (USD), Series A
Mar 10, 2022
-
Investors
Krafton
& 11 more
-
Employee Count
35
as on Jul 31, 2024
- Acquired by
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
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.
People of Loco
Unlock access to complete
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 Total Funding
- Total Rounds 2
- Last Round Series A — $42.0M
-
First Round
First Round
(28 Jun 2021)
- Investors Count 10
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
|
Founded Year | Domain | Location | |
|
Venture capital funding for games and interactive entertainment.
|
Founded Year | Domain | Location | |
|
Venture capital investments are directed toward entertainment sectors.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Loco
Financial Statements - Loco
Loco Comparisons
Competitors of Loco
Loco 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 Twitch, Enthusiast Gaming, StreamElements, Huya and Sportvot, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
ESports social video streaming platform
|
|
| domain | founded_year | HQ Location |
Esports enthusiasts are connected via online platforms, forums, and events.
|
|
| domain | founded_year | HQ Location |
Monetization and engagement tools for live streaming are provided.
|
|
| domain | founded_year | HQ Location |
Online gameplay is streamed live via a broadcasting portal.
|
|
| domain | founded_year | HQ Location |
Live sports streaming and casual venue services are provided.
|
|
| domain | founded_year | HQ Location |
Mobile entertainment and communication
|
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 28, 2021.
As of Jul 31, 2024, the latest employee count at Loco is 35.
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.