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ReelSaga raises $2.1 million in a Seed round led by Picus Capital to enhance app development and localised content production amid the global microdrama boom.

PRIVATEMay 14, 2025

Amount Raised

$2.1 Million

Round Type

Seed

MumbaiMedia And Entertainment

Investors

Warmup VenturesWaveform Ventures8i VenturesBombay54Bharat Founders FundITI Growth Opportunities FundNazara TechnologiesPicus Capital

Description

ReelSaga, a mobile entertainment startup, has secured $2.1 million in a Seed round led by Picus Capital with participation from various angel investors. The funds will be used for enhancing the app and producing high-quality, localized content. Founded in 2024, ReelSaga aims to create a new category of mobile-native entertainment in emerging markets. The team is leveraging data science to revolutionize short-form video storytelling.

Quick answer

ReelSaga raised $2.1 Million in a Seed round, dated May 14, 2025. Investors: Warmup Ventures, Waveform Ventures, 8i Ventures, Bombay54, Bharat Founders Fund, ITI Growth Opportunities Fund, Nazara Technologies and Picus Capital. ReelSaga is based in Mumbai, Maharashtra, India.

How much did ReelSaga raise?
ReelSaga raised $2.1 Million in a Seed round on May 14, 2025.
Who invested in ReelSaga?
Warmup Ventures, Waveform Ventures, 8i Ventures, Bombay54, Bharat Founders Fund, ITI Growth Opportunities Fund, Nazara Technologies and Picus Capital are named as investors in this round.
What does ReelSaga do?
ReelSaga is a mobile entertainment startup focused on producing high-quality, localized content through short-form video formats known as microdramas.
Where is ReelSaga based and how big is it?
ReelSaga is based in Mumbai, Maharashtra, India.
Who are the decision-makers at ReelSaga?
Fundz holds 1 contact at ReelSaga. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Media And Entertainment around the same time

Companies in the same sectors as ReelSaga that raised within 45 days of this round, from Fundz verified event records.

  • Wonder Project raised $75M (Seed) on June 25, 2025.
  • Meridian raised $7M (Seed) on June 21, 2025.
  • House of Doge raised $10M on June 15, 2025.
  • Moove raised $300M on June 13, 2025.
  • Flick TV raised $2.3M (Seed) on June 10, 2025.
  • Wow! Momo Foods raised $9.9M (Seed) on June 10, 2025.

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Company Information

Company

ReelSaga

Location

Mumbai, Maharashtra, India

About

ReelSaga is a mobile entertainment startup focused on producing high-quality, localized content through short-form video formats known as microdramas. Founded in 2024 by Shubh Bansal, Shanu Vivek, and Ritesh Pandey, the company aims to redefine mobile-native entertainment in markets across India, Southeast Asia, and the Middle East. With a commitment to data-driven storytelling, ReelSaga seeks to deliver emotionally resonant narratives that captivate modern audiences. The app is now live and aims to tap into the rapidly growing digital entertainment market.

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ReelSaga raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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