EloElo Secures $80M Funding for Indian Microdrama Platform Story TV

• EloElo Group secured $80 million in Series C funding led by NBCUniversal and Hornbill Capital.
• Story TV, a microdrama platform, has over 33 million monthly active users.
• MIT Investment Co. and existing backers participated in the funding round.
• The funding will support EloElo's growth in India's rising microdrama market.
• EloElo is based in Bengaluru, India.