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Eloelo group-owned micro-drama platform Story TV appoints Manan Mehta as senior vice-president, strategy and contentIndia's micro-drama industry is growing as companies build corporate teams. Story TV appointed Manan Mehta, formerly of Yash Raj Films, for...- Kuku FM's parent confidentially files for Rs 3,500 crore IPOAudio and video platform Kuku has confidentially filed draft papers with Sebi for a Rs 3,500 crore IPO. The company aims for a Rs 15,000 cr...
- Eloelo reports FY25 operating revenue at Rs 69.5 crore; expenses jump 67% on marketing spendsAs the live social entertainment startup’s business expanded, its expenses rose in tandem. Since its founding in July 2020 by Saurabh Pande...
- Micro dramas fastest-growing video segment, to hit $4.5 billion by 2030: LumikaiMicro dramas are poised for significant growth, projected to reach $4.5 billion by 2030 with 31% annualised growth. This mobile-first conte...
- 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...
- Kuku FM closes $85 million funding round led by Granite Asia; valuation hits $550 million post investmentOf the total raise, $50 million is primary capital, whereas the rest if secondary. Kuku FM said this investment will fuel expansion in AI a...
- 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...
- 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...
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