TECH NEWS

Eloelo in Talks to Raise $50–60 Million at $400 Million Valuation

Bengaluru-based entertainment startup Eloelo is reportedly in advanced discussions to raise $50–60 million in fresh funding, as its short-drama platform Story TV emerges as a major growth driver.

The proposed round, expected to be led by Hornbill Capital with participation from existing investors, could value the company at approximately $400 million, as per reports. The transaction has not been formally announced, and the final investment amount, valuation and terms remain subject to change.

The fundraising discussions come at a time when India's mobile entertainment market is seeing growing interest in micro-dramas, a format built around short, serialized episodes designed primarily for smartphone viewing.

For Eloelo, the potential investment reflects a larger shift in its business, from live social entertainment toward a broader portfolio of digital content products.

Story TV Fuels Growth

Founded in 2020 by Saurabh Pandey and Akshay Dubey, Eloelo initially focused on live social entertainment, offering interactive experiences...

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Anthropic Hands Over Agent Skills: What IT Teams Should Know

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Block Previews Dessa Voice AI Trained Without Text

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Story TV Fuels Growth

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Anthropic Hands Over Agent Skills: What IT Teams Should Know

Will Your iPhone or Android Change Time on Nov. 1? Check These Settings Before Sunday - TechRepublic

SIMBA Could Lose Singapore Telecom Licence: What Customers Should Know - TechRepublic

Block Previews Dessa Voice AI Trained Without Text