Eloelo
![community_image](/_next/image?url=https%3A%2F%2Fstagvinecip01.blob.core.windows.net%2Fstc-gvine-blob-centralindia-prod-001-django%2Fimages%2Fcommunity%2F083c2332-cdd1-4137-8b52-6e39215b53dd%2Fprofile%2F20240224075928.png&w=64&q=75)
Indian Startups
By · Founder
EloElo is also like the chingari softporn app , Why VC's have funded them 22 million ? 🤔
13
8
Share
![community_image](/_next/image?url=https%3A%2F%2Fstagvinecip01.blob.core.windows.net%2Fstc-gvine-blob-centralindia-prod-001-django%2Fimages%2Fcommunity%2F083c2332-cdd1-4137-8b52-6e39215b53dd%2Fprofile%2F20240224075928.png&w=64&q=75)
Indian Startups
By · Investor
Eloelo is probably a scam
Today raised $22m series B.
No revenue.
Video streaming app with Less than 1m daily users in india is valued over $100m... So every random person in india is worth over $100? Lol.
Competition, Chingari, Rooter, both in trouble. Eloelo has worse engagement than both (I looked on data.ai)
Definitely faking numbers to investors, why else would anyone invest.
38
36
Share