# NBCUniversal and Hornbill Capital Back EloElo in $80 Million Funding Round

> NBCUniversal and Hornbill Capital lead $80 million Series C funding for EloElo, parent of Indian microdrama platform Story TV.
- Title: NBCUniversal and Hornbill Capital Back EloElo in $80 Million…
- Summary: NBCUniversal and Hornbill Capital lead $80 million Series C funding for EloElo, parent of Indian microdrama platform Story TV. NBCUniversal and Hornbill…
- Keywords: nbcuniversal, hornbill capital, eloelo, story tv, series c, bengaluru, funding round, microdrama platform, Variety
- Source: Variety — https://variety.com/2026/tv/news/nbcuniversal-microdrama-story-tv-eloelo-80-million-1236938992
- Author: Naman Ramachandran
- Published: 2026-11-04T05:00:00+00:00
- Read time: 1 min
- Topics: nbcuniversal, hornbill capital, eloelo, story tv, series c, bengaluru, funding round, microdrama platform, entertainment, culture
## Funding Round Announcement
NBCUniversal and Hornbill Capital co-led an $80 million Series C round in EloElo Group, the Bengaluru-based company behind Indian microdrama platform Story TV.
## Total Funding Amount
The raise takes EloElo’s total funding to $130 million with MIT Investment Co. joining existing backers.
## Financial Advisors
Avendus Capital served as sole financial advisor on the deal for the $80 million Series C round.
## Key takeaway

NBCUniversal and Hornbill Capital co-led an $80 million Series C funding round for EloElo, the Bengaluru-based company behind Story TV, bringing total funding to $130 million.