EloElo Group Bags $80 Mn From NBCUniversal, Others To Take Its Microdrama Biz Global
EloElo Group, founded in 2020 by former Flipkart executive Saurabh Pandey, closed a Series C round led by NBCUniversal and Hornbill Capital, with participation from MIT Investment Co. and existing backers. The capital will fund premium original content in Indian languages, international expansion of Story TV, and enhancement of Dolphin AI, the company's AI creative suite. EloElo operates four products across microdramas, microlearning, and AI tools, serving over 40 million monthly active users.
Key points
- Series C: $80 Mn led by NBCUniversal and Hornbill Capital
- Funds premium content, global expansion, and Dolphin AI development
- Story TV platform: 5,000+ microdramas across 6 Indian languages
- Portfolio spans 40 Mn MAU and 300 Mn app installs
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