Indian Gaming Startup Loco Gets $42 Million from Hashed, Others
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India’s Loco has raised $42 million led by South Korea’s early-stage venture fund, Hashed, as a gaming frenzy takes hold in the country of nearly 1.4 billion people.
New investors including Makers Fund, outsourcing billionaire Narayana Murthy’s Catamaran Ventures, and Korea Investment Partners participated in the Series A round, along with existing investors such as Krafton Inc., Lumikai Ltd. and Hiro Capital, the live-streamed games company said in an announcement on Thursday.