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Krafton invests USD 9 million in game streaming platform Loco

Krafton has now led a $9 million (about Rs 66.8 crore) seed round in Mumbai-based game streaming platform Loco.

The round, a press statement said, also saw investment from gaming media fund Lumikai, London-based Hiro Capital, and early-stage investors such as Hashed, North Base Media, Axilor Ventures, and 3one4 Capital.

Loco said it will utilize the funding to drive innovation across technology and content, with a goal to cement its position in the game streaming space which is dominated by the likes of Twitch, YouTube Gaming, and Facebook Gaming.


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