Indian gaming platform Loco sells majority stake to UAE's Redwood for $65m

Indian gaming platform Loco sells majority stake to UAE's Redwood for $65m

FILE PHOTO: People play online games at an internet cafe in Fuyang, Anhui province, China August 20, 2018. REUTERS/Stringer/

Indian game streaming platform Loco said Redwood Tech, a UAE-based, technology-focused investment company has acquired a majority stake in the company for $65 million, providing exits to its existing investors.

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