Hyderabad-based microdrama over the top (OTT) platform Chai Bisket has raised $5 million in a seed round led by InfoEdge Ventures and General Catalyst to launch Chai Shots, a regional-first, mobile-only microdrama OTT platform.
The round also saw participation from a stellar group of angel investors including Rana Daggubati, Swiggy co-founders Sri Harsha Majety and Nandan Reddy, redBus founder Phanindra Sama, Darwinbox co-founder…