/Companies

Loco

Acquired

11 known investors

Find your way into Loco

Sign up to find every way you can get introduced to Loco

  • Your email: who you already know at Loco, and who your contacts know
  • 2nd- and 3rd-degree connections: people you know who worked, studied or invested with the Loco team
  • Your LinkedIn: the connections who can make the intro for you

We rank every route by how warm it is, so you raise on warm intros instead of cold emails.

Loco is an India-based game live-streaming platform for esports, gaming creators and tournament broadcasts.

Also known as Loco (Pocket Aces) · Showtime · Showtime App

Investors · 11

Funding

SEC filings, press & company announcements

$42M disclosed across 1 of 5 rounds · 2021–2022

Source: company announcements and press reports — follow each round's link for the claim.

Key figures

latest reported
App downloads within 45 days of launchJan 201840,000 downloads
Concurrent users in a dayMar 2019half a million
Daily active viewer growth since Jan 2021Mar 202215x
Employee countJan 2026387 employees
Employees laid offNov 202340 employees
Glassdoor ratingJan 20263 out of 5 (33 reviews)
Headcount before November 2023 layoffsNov 2023110 employees
Live watch hours growth since Jan 2021Mar 202278x
Monthly active streamer growth since Jan 2021Mar 20225x
Monthly active viewer growth since Jan 2021Mar 20228x
Peak valuationJan 2022nearly $150 million
Total disclosed fundingJul 2024$51M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 5

launches, deals, and filings
Sep 2024
Redwood acquires majority stake in Loco in $65 million deal

UAE-based investment firm Redwood signed a $65 million deal for a majority stake in Loco, providing a full exit to all existing backers. The deal was intended to fund Loco's global expansion beyond India, and represented a decline from the company's roughly $150 million peak valuation in 2022.

$65M source ↗

Nov 2023
Layoffs of 40 employees

Loco laid off 40 employees from a 110-member team in November 2023.

source ↗

Mar 2022
Brand and publisher partnerships for India esports programmes

Loco partnered with global brands including the NBA, Logitech and Red Bull to run India-focused esports programmes, and built a direct API integration with Krafton following Krafton's 2021 investment.

source ↗

Jan 2020
Loco transitions from trivia app to game streaming platform

After the Pocket Aces acquisition, Loco shifted in 2020 from its live trivia game show format to a game streaming platform.

source ↗

Jan 2018
Pocket Aces acquires live trivia game show app Loco

Mumbai-based Pocket Aces Pictures Pvt. Ltd acquired Loco, then a live trivia game show app formerly known as Showtime, for an undisclosed amount; an Economic Times report pegged the deal value at $1 million (Rs 6.4 crore). Loco was to receive financing, marketing and content support from Pocket Aces.

$1M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 7

primary sources listed

7 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Loco do?
Loco is an India-based game live-streaming platform for esports, gaming creators and tournament broadcasts.
Who are Loco's investors?
Loco's investors include Crit Ventures, Kube VC, Makers Fund, NuVentures, 3one4 Capital, Catamaran Ventures, Hashed, Hiro Capital and 3 more.
How much funding has Loco raised?
Loco has disclosed $42M raised across 1 of its 5 known rounds.