positiveSYS.SOURCE: TechCrunch• 2026-11-04T04:45:00Z

EloElo Secures $80M Investment from NBCUniversal to Expand Microdrama Platform in India

#ai #startups #funding #microdrama #entertainment

EloElo secured $80 million in Series C funding from NBCUniversal and Hornbill Capital, valuing the company at $500 million as it expands its microdrama platform. The investment focuses on leveraging AI tools like Dolphin AI to enhance content creation and compete in India's rapidly growing $3-4 billion microdrama market.

StoryTV has more than 33 million monthly active users according to Sensor Tower figures

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