Loco Raises $9M in Seed Funding
- Loco, an Indian game streaming platform, secured $9m in seed funding
- The round was led by South Korean gaming firm Krafton, as well as Lumikai, an Indian gaming and interactive media fund
- The company intends to use the funds to accelerate the platform’s innovation efforts across game streaming technology and gaming content
- The platform is an Indian game streaming platform which allows viewers to enjoy game streaming and esports content created by gamers and esports teams
- Users can also stream various games themselves
- The company will be spun off into an independent entity from its parent, Pocket Aces, India’s largest digital entertainment company
