Indian consumer-grade AI company EloElo completes $80 million Series C funding

The Indian consumer-grade AI and entertainment company EloElo Group (the parent company of the short video application Story TV) announced the completion of a $80 million Series C financing round, bringing the total financing amount to $130 million. This round was led by Hornbill Capital and NBCUniversal, with participation from existing investors including MIT Investment Co., Play Ventures, Kalaari Capital, Waterbridge Ventures, and Griffin Gaming Partners.