NBCUniversal, Hornbill Capital Back EloElo, Parent of Indian Microdrama Platform Story TV, in $80 Million Funding Round
TechCrunch
What the coverage says
EloElo Group has secured an $80 million Series C funding round co-led by NBCUniversal and Hornbill Capital, with participation from MIT Investment Co. and existing backers, as reported by Variety. Variety specifies that the Bengaluru-based company operates the Indian microdrama platform Story TV. TechCrunch adds that Story TV maintains a user base exceeding 33 million monthly active users, according to figures from Sensor Tower.
Written by HeadlineShine from 2 outlets' reporting, with AI assistance. Each outlet's own story is listed alongside.
Timeline
- TechCrunch first reported it
- Variety reported it
- Latest update
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