Digital content company Chai Bisket raises $5 million to launch microdrama app Chai Shots

Founded in 2015 by Sharath Chandra and Anurag Reddy, Hyderabad-based Chai Bisket has built a presence in the regional digital entertainment space through its YouTube channels and content platforms, which it says have garnered over 2 billion views and attract over 50 million monthly video views. The company has a team of more than 100 people.