Social media platform Bolo Live on Wednesday said it has raised USD 2.4 million (about Rs 18 crore) as a precursor to the Series A funding round led by Orios Venture Partners. SOSV, Tremis Capital, LPA Ventures and other HNIs also participated in its first VC round, including existing investors Eagle 10 Ventures. The company plans to use the newly raised funds to accelerate the product development, strengthen the team and accelerate penetration in the Indian and South Asia markets.