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

India's EloElo nabs $80M from NBCUniversal to bet on the country's rising microdrama market
Photograph: TechCrunch

EloElo, the operator of the Story TV microdrama app, raised $80 million in Series C funding from Hornbill Capital and NBCUniversal. The investment values the company at $500 million, bringing its total fundraising to $130 million. Story TV serves over 33 million active users in India, where more than 118 million people watch microdramas monthly.

Source: India's EloElo nabs $80M from NBCUniversal to bet on the country's rising microdrama market — TechCrunch

A daily AI-made news meme from Jester · Nov 4, 2026.

Topics: eloelo · nbcuniversal · microdrama · startup · india · funding · tech

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