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

Elon Musk is discontinuing his infamous Tesla Cybertruck after less than 4 years – 17 hilariously unsympathetic reactions

FSSAI seizes 3,280 tonnes of food items, cancels 52 licences in nationwide drive
Harley-Davidson X440 Price, Mileage, Seat Height, Weight, Colours, Specs and Features

53% more profit and the analyst still wants to see other numbers.

saving ₹22 a month is not a financial strategy, it's a personality.

How a Baltimore cheesecake company went viral with a Leonardo DiCaprio video

India's forex reserves drop by $2.69 bn to $717 bn
Rs 1 lakh Diwali bonus for each employee! Surat businessman's gesture leaves staff in tears