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Indian game streaming startup Loco sells majority stake to Redwood


UAE-based Redwood has acquired a majority stake in the game streaming platform Loco as the Indian firm looks to expand focus to international markets, UAE-based Redwood has acquired a majority stake in the game streaming platform Loco in a $65 million deal.

UAE-based Redwood has acquired a majority stake in the game streaming platform Loco as the Indian firm looks to expand focus to international markets, TechCrunch has learned and confirmed. SpaceX’s Starlink satellite internet network is expected to hit a new customer milestone this week, company President Gwynne Shotwell told Texas legislators on Tuesday. Drata, a security compliance automation platform that helps companies adhere to frameworks such as SOC 2 and GDPR, has laid off 9% of its workforce, amounting to 40 people.

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