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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 .
AI Summary
NBCUniversal and India‑focused investor Hornbill Capital co‑led an $80 million Series C financing round for EloElo Group, the Bengaluru company that operates the Indian microdrama platform Story TV. The round also attracted MIT Investment Co., which joined existing backers Play Ventures, Kalaari Capital, Waterbridge Ventures and Griffin Gaming Partners, among others. The funding aims to support EloElo’s continued development of short‑form scripted content for the Indian market.
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