Eloelo, a Bangalore based beauty, health, and wellness social commerce, announced that it had secured a seed funding round of $45000 funding backed by the WaterBridge Ventures. Some other angel investors who participated in the funding round which include the Apaksh Gupta (CEO-OneImpression), Rishi Vasudev (CEO-Lifestyle, ex-SVP at Flipkart), and Vasant Rao (ex-AutoNinja). The fresh funding will going to be used for building the core team across the tech and non-tech roles, working on the new product initiatives and user acquisition.