EloElo Group raises $80M in Series C led by Hornbill Capital and NBCUniversal
The round represents a 5X valuation jump from the company's previous April 2025 fundraise. EloElo Group operates Story TV, a micro-drama platform with over 5,000 dramas in six languages, alongside other AI products including Dolphin AI (a creative suite) and Voxy AI (a companion agent). Founded by former Flipkart executive Saurabh Pandey in 2020, the company plans to use the capital for original content expansion across local languages and international launch of micro dramas.
Key points
- Series C round values company at $500M, a 5X jump from April 2025
- Hornbill Capital and NBCUniversal co-led the round; MIT Investment Co. also participated
- Story TV platform has 5,000+ micro dramas in six languages with 95 minutes daily user engagement
- Capital will fund content production, international expansion, and AI platform development
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