Pocket Aces has spun off Loco, an esports and gaming-focused media company, with a $9 million investment to capitalize on India's rapidly growing gaming industry.
Information on the Target
Pocket Aces, a prominent media and entertainment company, has completed a strategic spin-off of its esports and gaming-focused division, Loco. This new entity is set to capitalize on the booming interest in esports and gaming content, aiming to provide innovative platforms and engaging experiences for a growing audience of players and fans.
With the infusion of $9 million in new capital, Loco will enhance its offerings and expand its reach in the rapidly evolving gaming landscape. This investment positions Loco to develop cutting-edge content and strengthen its community engagement initiatives, catering to the dynamic preferences of today’s gamers.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in the Target’s Specific Country
India’s esports industry has witnessed remarkable growth in recent years, driven by increasing internet penetration and a youthful demographic that is enthusiastic about gaming. The rise of affordable smartphones and robust mob
Similar Deals
Riverwalk Holdings, Incubate Fund Asia, All In Capital → Fantail
2025
Pocket Aces
invested in
Loco
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $9M