NBCUniversal Invests in India Microdrama Producer in $80 Million Fundraising Round
Headline from The Hollywood Reporter
EloElo Group said it raised new equity funding, including from the Hollywood studio, to help its Story TV platform launch phone-focused mini-series internationally, including in the U.S. market.
The Hollywood Reporter's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
NBCUniversal and India-focused investment firm Hornbill Capital have co-led an $80 million Series C round in EloElo Group, the Bengaluru-based company behind Indian microdrama platform Story TV. MIT Investment Co.
EloElo Group said it raised new equity funding, including from the Hollywood studio, to help its Story TV platform launch phone-focused mini-series internationally, including in the U.S. market.
NBCUniversal Invests in India Microdrama Producer in $80 Million Fundraising Round | Since Then