# EloElo Group Raises $80M in Series C Funding

> EloElo Group secures $80 million Series C funding led by Hornbill Capital and NBCUniversal to expand its AI-powered micro-drama platform Story TV globally.
- Title: EloElo Group Raises $80M in Series C Funding | Shortify
- Summary: EloElo Group secures $80 million Series C funding led by Hornbill Capital and NBCUniversal to expand its AI-powered micro-drama platform Story TV globally…
- Keywords: eloelo group, story tv, series c funding, hornbill capital, nbcuniversal, dolphin ai, micro-dramas, consumer ai, The Economic Times
- Source: The Economic Times — https://economictimes.indiatimes.com/industry/media/entertainment/eloelo-group-raises-80-million-in-series-c-funding-led-by-hornbill-capital-nbcuniversal/articleshow/135524388.cms
- Author: ET Bureau
- Published: 2026-11-04T05:07:00+00:00
- Read time: 1 min
- Topics: eloelo group, story tv, series c funding, hornbill capital, nbcuniversal, dolphin ai, micro-dramas, consumer ai
## Funding Round Announcement
EloElo Group raised $80 million in Series C funding led by Hornbill Capital and NBCUniversal.
## Investors and Capital Raised
MIT Investment Co. and existing investors Play Ventures, Kalaari Capital, Waterbridge Ventures, Griffin Gaming Partners also participated in the round.
## Story TV Platform Details
Story TV is India’s No. 1 micro-drama platform with over 5,000 micro-dramas across six languages.
## User Engagement Metrics
Users spend an average of 95 minutes on Story TV every day, according to the company.
## User Base and Other Platforms
EloElo Group has over 40 million monthly active users across its apps and operates Master and Voxy AI.
## Business Model and Growth
The company recorded multi-fold revenue growth and scaled with profitable unit economics.
## CEO Vision
Founder Saurabh Pandey aims to build an AI-powered entertainment ecosystem for the next billion viewers.
## Market Projections
The micro-drama market is expected to reach $14 billion globally by 2026 and $4.5 billion in India by 2.030.
## Key takeaway

EloElo Group raised $80 million in Series C funding to scale its AI-led entertainment ecosystem with Story TV, India’s top micro-drama platform.