Eloelo Seeks to Raise $15 Million in Funding

  • Eloelo, a social gaming and live streaming platform, is in advanced talks to raise $15-20 million from new and existing investors.
  • The company, valued at $100 million pre-money, has over 20 million platform users and projects over 50 million by end of 2023.
  • Despite its financial losses in FY22, the platform reports an annual growth of over 500% in the past fiscal year.
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