Mumbai-based gaming live streaming platform startup Loco Interactive raised a $9 million USD seed financing round led by South Korean game developer holding company Krafton. Further investors that participated in the round include Indian gaming media fund Lumikai, Hiro Capital, 3one4 Capital, and Axilor Ventures.
Loco will use the funds to upgrade its technology and content. Additionally, the startup announced that it will be spun off from its parent company Pocket Aces Pictures following the financing round.
Source: Read Full Article