# EloElo raises $80M Series C at $500M valuation

_Published Wednesday, November 4, 2026 at 3:57 AM EST · Capital · Latest · Tier 2 — Notable_

India-based EloElo raised an $80M Series C led by Hornbill Capital and NBCU at a $500M valuation, TechCrunch reported. Its Story TV microdrama app has 33M+ estimated active users.

The financing comes as more than 118 million users watch microdramas every month in India.

## Sources

- [Techmeme](https://www.techmeme.com/261104/p4#a261104p4)

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Canonical: https://techandbusiness.org/newswire/X0wACIB_SGO3zp9aOoVjgf
Published: 2026-11-04T08:57:21.743Z
Story chronology: 2026-11-04T06:25:00.000Z
Retrieved: 2026-11-04T11:36:58.490Z
Publisher: Tech & Business (techandbusiness.org)