ReelSaga raises $2.1 million to fuel localised content production, entering global microdrama boom

NEW DELHI: ReelSaga, a mobile entertainment startup, has raised $2.1 million in a Seed round led by Picus Capital. The round also saw participation from ITI Growth Opportunities Fund, Nazara Technologies, 8i Ventures, Waveform Ventures, Warmup Ventures, Bombay54, Bharat Founders Fund, among other angel investors. The ReelSaga app is now live.

ReelSaga was founded in 2024 by serial entrepreneurs Shubh Bansal, Shanu Vivek, and Ritesh Pandey.

The capital is aimed at fuelling app development and high-quality, localised content production, as ReelSaga sets…