Indian game streaming startup Loco sells majority stake to Redwood
UAE-based Redwood has acquired a majority stake in the game streaming platform Loco as the Indian firm looks to expand focus to international markets, TechCrunch has learned and confirmed. Redwood, a newly-formed investment firm, has signed a $65 million deal with Loco, an investment that also gives full exit to all existing Loco backers.
Digital game streaming platform Loco has raised USD 65 million from UAE-based Redwood Tech FZCO. The funds will support its ...
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