Eloelo
Indian Startups
By · Founder
EloElo is also like the chingari softporn app , Why VC's have funded them 22 million ? 🤔
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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.
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