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VarietyEN

NBCUniversal, Hornbill Capital Back EloElo, Parent of Indian Microdrama Platform Story TV, in $80 Million Funding Round

NBCUniversal and India-focused investment firm Hornbill Capital have co-led an $80 million Series C round in EloElo Group, the Bengaluru-based company behind Indian microdrama platform Story TV. MIT Investment Co. joined the round alongside existing backers Play Ventures, Kalaari Capital, Waterbridge Ventures and Griffin Gaming Partners, among others. The ra

Nov 4, 05:00 AM

Technology🇺🇸 US

TechCrunchEN

India’s EloElo nabs $80M from NBCUniversal to bet on the country’s rising microdrama market

StoryTV has more than 33 million monthly active users according to Sensor Tower figures

Nov 4, 04:45 AM

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