Why MIXI Global Investments Inc is doubling down on India’s consumer & gaming boomAs MIXI Global Investments Inc. rolls out its $50 million India-focused fund, Managing Director (Investment – India) Tomoharu Urabe, explai...
Edtech gains as smaller towns turn up big for English lessonsWhile WestBridge-backed SpeakX and Lightspeed-backed Stimuler are among startups focused on English learning, larger test-preparation platf...
Balaji Telefilms in pact with Story TV to tap micro drama spaceBalaji Telefilms has partnered with Eloelo Group’s Story TV to create short-form, mobile-first micro dramas for digital audiences. This col...
The rise of micro-drama content in India: A new era in entertainmentIn a digital era, micro-drama applications are gaining immense popularity across India, catering to the audience's love for rapid storytell...
Digital content company Chai Bisket raises $5 million to launch microdrama app Chai ShotsFounded in 2015 by Sharath Chandra and Anurag Reddy, Hyderabad-based Chai Bisket has built a presence in the regional digital entertainment...
Streaming now: Startups, VCs chase India’s micro drama content playAs micro-dramas reel in larger audiences, VCs are ramping up investments in local OTT startups replicating China’s success. Along with star...
Micro-drama OTT platform Flick TV raises $2.3 million in round led by Stellaris Venture PartnersGemba Capital and Titan Capital participated in this round. According to founder Kushal Singhal, the funds will be used to scale content pr...
Urban Company’s IPO nod, Canva spreads its wingsHappy Friday! At-home service provider Urban Company’s shareholders have greenlit its upcoming IPO. This and more in today’s ETtech Morning...
Social entertainment startup Eloelo raises $13.5 million from Play VenturesFounded in July 2020 by Saurabh Pandey, Eloelo offers live video and audio streaming combined with gamification and micropayments, allowing...
For creators, regional apps are the gift that keeps on givingMid-tier creators are leaving Instagram and YouTube for regional apps like Moj, ShareChat, Rooter, Stan, and Eloelo to earn through virtual...
ETtech Deals Digest: Funding value down 74% this week as dismal run continuesEarly-stage deals commanded the highest pie share, with $48.1 million out of the total $86 million funding tally.
Byju’s India business gets new CEO in Arjun Mohan; IAMAI wants chairperson to be from Indian firmChange is constant at edtech major Byju’s these days. Former UpGrad CEO Arjun Mohan has now been appointed CEO of the company’s India busin...
Eloelo raises $22 million in funding from Courtside Ventures, Griffin Gaming PartnersThe funding happened at a valuation of between $100-150 million, founder and chief executive Saurabh Pandey told ET in an interaction, with...
ETtech Deals Digest: MoEngage, Slice and Cuemath, Curefood rack up funds this weekMoEngage, Slice, Cuemath and Curefoods raised over $200 million combined
Eloelo raises $13 million in funding co-led by KB Investments, Kalaari CapitalThe new capital will be used to expand the firm's tech, product, and content teams, as well as to foster new partnerships with creators and...
Eloelo raises $2.1 million to strengthen creator tie-ups, fuel expansionEloelo, a livestreaming and social gaming platform, has seen its user base grow 15 times over the past six months. The platform now has mor...
Eloelo crosses 50 million gameplays on its creator-driven gaming appEloelo, which is clocking 100% growth month-on-month, has more than five lakh users and 10,000 creators across four languages on its online...