Mumbai: Eloelo, India's homegrown live social media platform, is excited to announce the appointment of Sagar Gaonkar as its new chief technology officer (CTO). With over 16 years of video streaming and OTT technology expertise, Sagar will spearhead innovation, technological strategy, and compliance at Eloelo.

Sagar Gaonkar brings a wealth of experience from his previous roles at ShareChat and Disney+ Hotstar. At ShareChat, he excelled as an engineer lead, driving product conceptualisation and technical initiatives for Live streaming. His tenure at Hotstar & 100ms further solidified his reputation as a leader in the live streaming domain.

Commenting on the appointment, Eloelo founder & CEO Saurabh Pandey said, “We are thrilled to welcome Sagar as our chief technology officer for advancing our mission of being the digital companion for India’s youth via Interactive streaming & games. His deep understanding of the live streaming industry aligns perfectly with our focus on building a vertical social entertainment platform focused on live streaming across video & audio. Sagar's expertise will be pivotal in scaling our platform and enhancing both user & creator experience.”

Speaking about joining Eloelo app, Sagar Gaonkar expressed his delight and added ”Joining Eloelo during a time of rapid growth in live streaming in India is incredibly exciting. I am deeply inspired by Saurabh’s mission to create a secure and interactive digital third place for India. My focus will be on expediting feature rollouts, enhancing platform stability, and ensuring a seamless and secure experience for our users & creators.”

Eloelo currently ranks in the top three on Google Play Store in the entertainment category and serves over 75 million users in India with content available in six Indian languages. The platform has raised over $37 million from global and national investors, including Courtside, Waterbridge Ventures, Griffin Gaming Partners, Lumikai Fund and Kalaari Capital.