EloElo - About the company
EloElo is a series B company based in Bengaluru (India), founded in 2020 by Saurabh Pandey and Akshay Kumar Dubey. It operates as a Provider of app-based live social entertainment platform. EloElo has raised $51M in funding from investors like WaterBridge, Kalaari Capital and Courtside Ventures, with a current valuation of 鈧�1,030颁谤. The company has 198 active competitors, including 22 funded and 4 that have exited. Its top competitors include companies like Roblox, Tango and Rec Room.
Company Details
Provider of app-based live social entertainment platform. It provides users with a live social entertainment platform that enables creators to host interactive video and audio livestreams, connecting with the viewers and fans through live chat rooms, games, and social interactions.
- Website
- Social
- Email ID
- @eloelo.in
- Phone Number
- +91
Legal entities associated with EloElo
EloElo is associated with 1 legal entity given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Feb 19, 2020 | $579K (as on Mar 31, 2024) | 751 | 849 |
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EloElo's funding and investors
EloElo has raised a total funding of $51M over 5 rounds. Its first funding round was on Jul 15, 2020. Its latest funding round was a Series B round on Apr 10, 2025 for $13.5M. 8 investors participated in its latest round, lead by Play Ventures.
EloElo has 28 institutional investors including WaterBridge, Kalaari Capital and Courtside Ventures. WaterBridge is the largest institutional investor in EloElo. Ramakant Sharma and 5 others are Angel Investors in EloElo.
Here is the list of recent funding rounds of EloElo:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Apr 10, 2025 | $13.5M | Series B | 4025994 | 8773255 | Play Ventures, Kalaari Capital, and |
Sep 20, 2023 | $22M | Series A | 9318398 | 9307514 | |
May 27, 2022 | $13M | Series A | 5614888 | 9291329 | KB Investment, Kalaari Capital, and |
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EloElo's founders and board of directors
The founders of EloElo are Saurabh Pandey and Akshay Kumar Dubey. Saurabh Pandey is the CEO of EloElo.
View details of EloElo's Founder profiles and Board Members
EloElo's employee count trend
EloElo has 162 employees as of Feb 25. The total employee count is 19.1% more than what it was in Feb 24. Here is EloElo's employee count trend over the years:
Uncover EloElo's growth story! Sign up today!EloElo's Competitors and alternates
Top competitors of EloElo include Roblox, Tango and Rec Room. Here is the list of Top 10 competitors of EloElo, ranked by 秘密研究所 score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | 秘密研究所 Score |
|---|---|---|---|---|---|
1st |  Roblox 2005, San Mateo (United States), Public | Online gaming platform for developing web and mobile games | $918M | Sunrise Ventures, Darwin Ventures听&补尘辫;听 | 82/100 |
2nd |  2020, Bengaluru (India), Series B | Provider of app-based live social entertainment platform | $51M | Sequoia Capital, KB Investment听&补尘辫;听 | 75/100 |
3rd |  Tango 2009, Mountain View (United States), Series D | Provider of live-streaming community platform | $373M | Access Industries, DFJ听&补尘辫;听 | 74/100 |
4th |  Rec Room 2016, Seattle (United States), Series F | Provider of tools to create & play games | $270M | DAG Ventures, Index Ventures听&补尘辫;听 | 72/100 |
5th | Provider of social discovery app | $8.68M | Elevation Capital, India Quotient听&补尘辫;听 | 60/100 | |
6th |  E-Pal 2020, Lake Forest (United States), Seed | Provider of mobile-based social gaming platform | $30M | a16z, UpHonest Capital听&补尘辫;听 | 56/100 |
7th | GroupMe 2010, New York City (United States), Acquired | Provider of group messaging application | $11.4M | SV Angel, First Round Capital听&补尘辫;听 | 55/100 |
8th | Provider of app-based gaming platform for playing multiple games | - | - | 54/100 | |
9th | Spoon Radio 2013, Seoul (South Korea), Series C | Online platform offering live podcast streaming solutions | $57M | IMM Investment, 听&补尘辫;听 | 51/100 |
10th | Online counselling platform for mental health support | $1.01M | Scale Venture Partners, Titan Capital听&补尘辫;听 | 45/100 |
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EloElo's Latest cap tables and shareholding
Founders own 17.44%, Funds (largest shareholder) own 55.57%, Enterprises own 11.84% and Angels own 1.47%. The net worth of EloElo's founders is INR 179Cr as of Apr 04, 2025.
Shareholders Name | Post Round Holding % | Net worth | Cumulative investment | Realised returns | Unrealised returns | Return multiple |
|---|---|---|---|---|---|---|
Founder | 17.44% | 179Cr | 8976732 | 7241801 | 5997113 | 1857489 |
7601079 | 3202404 | 3659896 | 2543593 | 5028525 | 6626065 | |
Fund | 55.57% | 570Cr | 3013546 | 8284924 | 2162389 | 1904034 |
225703 | 425015 | 587333 | 728222 | 741128 | 946830 | |
7923 | 3882 | 9062 | 6725 | 8543 | 6598 | |
886 | 556 | 391 | 555 | 226 | 898 | |
910 | 498 | 776 | 122 | 892 | 649 | |
60 | 65 | 50 | 46 | 15 | 83 | |
3173840 | 3533442 | 1362881 | 1268139 | 2537328 | 6091708 | |
69 | 66 | 36 | 15 | 80 | 95 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 11.84% | 121Cr | 2038414 | 3078239 | 5162777 | 8035974 |
Angel | 1.47% | 15Cr | 3 | 7 | 7 | 8 |
Other People | 4.06% | 41.7Cr | 9201 | 5509 | 2026 | 9288 |
ESOP Pool | 9.61% | 98.6Cr | 5126805 | 2693510 | 9242208 | 1757807 |
Total | 99.99% | 1,030Cr | 4543768 | 9786912 | 2447845 | 1701607 |
To unlock detailed Cap Table of EloElo Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of EloElo's Shareholding
EloElo's Investments and acquisitions
EloElo has made no investments or acquisitions yet.
Reports related to EloElo
Here is the latest report on EloElo's sector:
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News related to EloElo
Media has covered EloElo for a total of 5 events in the last 1 year, 1 of them has been about company updates and 1 about people movement.
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Business News This Week鈥�Oct 30, 2024鈥�EloElo
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Asian News International鈥�Jan 09, 2024鈥�EloElo,
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Devdiscourse鈥�Jan 09, 2024鈥�, EloElo
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