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NBCUniversal and Hornbill Capital co-lead $80M round for EloElo, owner of Story TV

EloElo Group, the Bengaluru-based parent of Indian microdrama platform Story TV, has raised an $80 million Series C round co-led by NBCUniversal and Hornbill Capital. MIT Investment Co. participated as a new investor, joining existing backers Play Ventures, Kalaari Capital, Waterbridge Ventures and Griffin Gaming Partners. The round lifts the company's total funding, though the summary does n…

Source: Variety