EloElo Group raises $80 Million in Series C funding led by Hornbill Capital, NBCUniversal
Executive Brief • Key Highlights
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- ✓EloElo Group raised $80 million in a Series C funding round led by Hornbill Capital and NBCUniversal.
- ✓The company said, “Story TV shows us what India wants to watch, and Dolphin AI gives us the economics to make it.” They plan to use this money to expand their AI-driven entertainment ecosystem.
Story at a Glance
- Category
- BUSINESS
- Reported By
- The Economic Times
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Synopsis
EloElo Group has successfully raised $80 million in a Series C funding round to expand its AI-driven entertainment ecosystem. The company's focus will be on producing new original content and launching international micro-dramas. With over 40 million active users, EloElo plans to enhance its AI production capabilities through Dolphin AI. The funding will also support the company's aggressive growth strategy across diverse language offerings.
EloElo Group, the consumer AI and entertainment company behind Story TV, has raised $80 million in a Series C funding round led by Hornbill Capital and NBCUniversal, as it looks to build an AI-led entertainment ecosystem.
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The Economic Times
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