Indian Game Streaming Platform Loco Secures Major Investment from UAE’s Redwood
UAE-based investment firm, Redwood, has acquired a majority stake in Loco, a prominent Indian game streaming platform. According to TechCrunch, Redwood has signed a $65 million deal with Loco and offers a full exit for all existing Loco backers. The current deal values Loco significantly lower than its peak valuation of nearly $150 million in…