Photo: Abhijit Bhatlekar/MintNew Delhi: Sequoia Capital-backed digital media company Pocket Aces on Tuesday said it acquired trivia game show app Loco. Loco, an Android app, allows users to log in to play a live quiz game. Pocket Aces declined to disclose financial details, but two people close to the deal pegged the transaction at $1 million. Pocket Aces will initially expand the content on Loco to local languages such as Tamil and Telugu. “We will also explore other game show formats,” Pocket Aces co-founder Ashwin Suresh said.

Source: Mint January 23, 2018 18:45 UTC