EloElo Group Raises $80M Series C

EloElo Group, a Bengaluru, India-based consumer artificial intelligence and entertainment company, has raised $80 million in Series C funding. The financing brings the company's total capital raised to $130 million.

Investors

The round was led by Hornbill Capital and NBCUniversal, with participation from MIT Investment Co. and existing investors Play Ventures, Kalaari Capital, Waterbridge Ventures, and Griffin Gaming Partners.

EloElo Group Use of Funds

The new capital will be used to produce additional premium original dramas, strengthen programming across regional languages, and introduce the Story TV platform to international audiences, including the United States. The company will also accelerate investment in its Dolphin AI technology to support content creation and production workflows.

About EloElo Group

Founded in 2020 by former Flipkart executive Saurabh Pandey, EloElo Group operates an AI-powered entertainment ecosystem that includes the micro-drama platform Story TV, the micro-learning platform Master, the creative suite Dolphin AI, and the interactive companion Voxy AI. The company focuses on delivering short-form, serialized entertainment to mobile audiences using proprietary AI technology to improve production efficiency.

Funding Details

Company Website: https://eloelo.com

Company: EloElo Group
Raised: $80M
Round: Series C
Funding Date: November 4, 2026
Lead Investor: Hornbill Capital, NBCUniversal
Additional Investors: MIT Investment Co., Play Ventures, Kalaari Capital, Waterbridge Ventures, Griffin Gaming Partners
Software Category: Consumer AI and Entertainment
Source: https://pulse2.com/eloelo-group-raises-80-million-series-c-led-by-hornbill-capital-and-nbcuniversal-to-expand-ai-powered-entertainment/