EloElo Group Bags $80 Mn From NBCUniversal, Others To Take Its Microdrama Biz Global

by · Inc42

SUMMARY

  • Besides Hornbill Capital and NBCUniversal, the round also saw participation from MIT Investment, Play Ventures, Kalaari Capital, Waterbridge Ventures, among others
  • The company will use the fresh capital to invest in premium original content across Indian languages, expand Story TV to international markets and strengthen its AI capabilities
  • Founded in 2020, EloElo Group operates four products – Story TV (microdrama platform), Master (microlearning platform) Dolphin AI (an AI-powered creative suite) and AI agent Voxy