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Game-streaming platform Loco raises Rs 330 cr in Hashed-led funding round

All investors from Loco's seed round, including Krafton, Lumikai, and Hiro Capital, also participated in this funding round

Loco, gaming
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Game streaming platform Loco secure Rs 330 cr investment; Photo: Bloomberg

Peerzada Abrar Bengaluru
India’s leading game-streaming platform Loco said it had secured Rs 330 crore ($42 million) in an investment round led by Hashed. Besides Makers Fund, Catamaran Ventures, and Korea Investment Partners, all investors from the company’s seed round, including Krafton, Lumikai, and Hiro Capital, also participated in this round. The new investment will cement Loco’s current leadership position in game streaming and further accelerate its streaming technology and content initiatives. With this new fundraising, Loco will “continue investing in the development of the Indian gaming ecosystem and nurturing the Indian gaming community”.

“We started Loco with a mission to democratise gaming