Loco Secures $65 Million in Funding to Revolutionize the Gaming Entertainment Industry

Loco, India’s premier live game streaming and esports platform, is thrilled to announce a remarkable funding round, successfully raising $65 million. This significant investment reflects the growing interest and enthusiasm in the gaming sector, and underscores Loco's mission to 'democratise gaming entertainment.' With this fresh infusion of capital, Loco is poised to strengthen its position in the market and expand its offerings, enhancing user experiences for millions of gamers across the country. The funding will be directed towards developing new products and features that allow gamers to connect with each other and find their unique gaming communities, thereby turbocharging fan experiences. The vision of Loco as a social experience platform for the virtual world is becoming more tangible, making it an appealing destination for both casual players and aspiring esports athletes alike. Notable investors, including KRAFTON Inc., Lumikai Fund, Hashed, Hiro Capital, Axilor Ventures, 3one4 Capital, and North Base Media, have recognized Loco's potential to revolutionize the gaming landscape in India. Available on Android, iOS, and web, Loco is committed to fostering an inclusive and vibrant community where every gamer has the opportunity to shine as a superstar. As we move forward, we invite everyone to join us in this exhilarating journey as we build the future of gaming together—one stream at a time!