ReelSaga Raises $2.1 Mn In Seed Funding Round Led By Picus Capital

Mobile-first entertainment startup ReelSaga has raised $2.1 million in a seed funding round led by Picus Capital.

ITI Growth Opportunities Fund, Nazara Technologies, 8i Ventures, Waveform Ventures, Warmup Ventures, Bombay54, Bharat Founders Fund, and several angel investors also participated in the round.

The funds will be used to improve the app and create high-quality, local content for mobile users in India, Southeast Asia and the Middle East.

Read also- TRAI Issues Draft Manual For Rating Properties Based On Digital Connectivity

Bansal said in a statement, “Vertical short dramas are a cultural revolution. More and more users are turning to short-form video for entertainment. It’s quick, emotionally resonant, and binge-worthy , drama doesn’t need to be 40 minutes long to move you,” said.

Vivek said in a statement, "We’re using data science and product innovations to push the boundaries of short-form video, delivering hyper-personalised, mobile-first storytelling that resonates deeply with our audience.”

Abhijay Thacker, Senior Vice President at Picus Capital, said in a statement, “We’re excited to back ReelSaga as they pioneer an entirely new category of storytelling in India. The team brings a rare combination of hustle, clarity, and creative ambition. Microdramas are not just a passing trend , they’re poised to become the default format for an entire generation of mobile viewers. We believe ReelSaga can lead that shift.”

About ReelSaga 

Founded in 2024 by Shubh Bansal, Shanu Vivek, and Ritesh Pandey, the Mumbai-based ReelSaga offers short, vertical drama episodes lasting 1–2 minutes, designed for quick and binge-worthy viewing.

All three founders earlier co-founded Truebil, a used car platform bought by spinny. Now, they're building a mobile-first fiction platform with short episodes of 1–2 minutes, spread over story arcs of 50–100 episodes.

Startup Funding News: Your Gateway to Every Funding Update.

Latest Startup News: Stay updated with the latest startup news and trends. Your go-to source for startup ecosystem updates.

Startup Stories: Discover inspiring tales of startups overcoming challenges, and achieving success.