Indians Also Love Binge-Watching Micro-Dramas: Indian Consumer AI Company EloElo Closes $80 Million Series C Round

According to Tech in Asia, Indian consumer AI and entertainment company EloElo Group (parent company of the micro-drama app Story TV) has announced the completion of an $80 million Series C funding round, bringing its total cumulative funding to $130 million. The round was led by Hornbill Capital and NBCUniversal, with participation from existing investors including MIT Investment Co., Play Ventures, Kalaari Capital, Waterbridge Ventures, and Griffin Gaming Partners.