Eloelo

Eloelo

A creative platform that provides trusted tips, reviews on Beauty, Health, and Lifestyle in a fun manner using short videos and images.

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DateInvestorsAmountRound
-investor investor

€0.0

round
investor investor investor investor investor investor

€0.0

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investor investor investor investor

€0.0

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investor investor investor investor investor investor

€0.0

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investor investor investor investor investor investor investor investor

€0.0

round
*

$13.0m

Valuation: $121m

Series B
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD202120222023
Revenues000000000000
% growth-122 %160 %
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Dealroom estimates

More about Eloelo
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EloElo is a startup operating in the digital marketplace sector, specifically focusing on the gaming industry. The company's primary service is providing a platform for gamers to buy and sell in-game items, accounts, and services. This includes everything from virtual currency to rare items and high-level accounts. The platform operates on a peer-to-peer model, connecting buyers and sellers directly.

EloElo's target market is the rapidly growing community of online gamers, both casual and professional. This market is global, but the company seems to have a particular focus on the Indian gaming community. The platform caters to a wide range of popular games, making it a versatile tool for gamers of all types.

The business model of EloElo is based on transaction fees. When a buyer purchases an item or service from a seller, EloElo takes a small percentage of the sale as a fee. This is a common model in digital marketplaces and provides a steady revenue stream as long as there is activity on the platform.

In terms of financial prospects, the gaming industry is booming, and the market for in-game items and services is growing alongside it. EloElo's success will depend on its ability to attract and retain users, as well as its ability to maintain a secure and trustworthy platform.

Keywords: Gaming, Digital Marketplace, Peer-to-Peer, Transaction Fees, In-Game Items, Online Platform, Indian Market, Global Gaming Community, User Retention, Trustworthy Platform.

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