# NBCUniversal, Hornbill Back EloElo Parent Story TV in $80M Round

NBCUniversal and Hornbill Capital backed EloElo, the parent of Indian microdrama platform Story TV, in an $80 million funding round. The investment signals growing interest in India's short-form microdrama market and could support Story TV's expansion.

**Importance:** 3/5

## Sources

### Entertainment
- [Variety](https://variety.com/2026/tv/news/nbcuniversal-microdrama-story-tv-eloelo-80-million-1236938992/) — Wed, 04 Nov 2026 05:00:00 +0000