Indian game streaming startup Loco said on Thursday it has raised $42 million as it looks to build, per its conversations with investors, “Twitch for India.”
Hashed, Makers Fund, Catamaran Ventures, Krafton, Lumikai, Korea Investment Partners and Hiro Capital invested in the startup’s Series A financing, which gives Loco a pre-money valuation of about $145 million, according to two sources familiar with the matter. TechCrunch earlier reported about the deal.
The startup — founded by Anirudh Pandita and Ashwin Suresh, who previously co-founded content platform Pocket Aces — has raised about $51 million to date.
Loco is attempting to build Twitch for India, the s …
