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Turno

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Turno Finance makes owning EV very affordable

Bengaluru, IndiaFounded 2021Transportation
Valuation $50–100M Last recorded · 2024
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Turno and the history behind them.

About Turno

Turno.club operates as a comprehensive marketplace for commercial electric vehicles (EVs) in India, catering to businesses and individual entrepreneurs seeking cost-effective and eco-friendly transportation solutions. The company primarily serves clients in multiple states including Karnataka, Delhi, Telangana, Maharashtra, Tamil Nadu, and Gujarat. Turno.club's business model revolves around providing a platform where users can compare and purchase electric three-wheeler vehicles from leading brands such as Piaggio, Mahindra, ETrio, Altigreen, and OSM. The platform offers detailed information on vehicle features and prices, ensuring that buyers can make informed decisions.

Revenue is generated through vehicle sales, financing services, and value-added offerings such as guaranteed buyback and dedicated customer support. Turno.club differentiates itself by providing the lowest prices, best financing options, and a money-back guarantee on bookings. Additionally, the company offers a unique buyback program, promising a buyback value of up to 1.5 lakh INR after three years, which adds a layer of financial security for buyers.

Turno.club also emphasizes customer experience by offering free test drives, a 300-point inspection test for vehicles, and dedicated buying assistance. The platform aims to make the transition to electric vehicles seamless and financially viable for businesses, thereby promoting sustainable transportation solutions.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Bengaluru, India
Employees
402
Open positions
13
Dealroom signal
88.3/100
Industry
Transportation
Sector
Transportation
Business model
Marketplace & ecommerce
Client focus
b2c

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC May 2024 $6M $71M B Capital · Quona Capital · Stellaris Venture Partners · British International Investment ↗
SERIES A✓Equity / VC Feb 2023 $14M $55M B Capital · Quona Capital · Stellaris Venture Partners · InnoVen Capital ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022 —
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Growth signals

Turno website traffic

Latest recorded traffic for Turno is 2.1K monthly website visits, down 70% over the last three months. Turno's team grew 18.9% over the past year.

Latest monthly visits2.1K 3-month web change-70% 1-year team growth+18.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

19 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed14 investors entered at this stage

  • Avaana Capital
  • Stellaris Venture Partners
  • Bala Parthasarathy
  • Kunal Khattar
  • Jayant Paleti
  • Vipul Parekh
  • Arjun rao
  • Matilde Giglio
  • Archit Gupta
  • Dhyanesh Shah
  • Priyamvada Sharma
  • Goenka Family Office
  • Ashish Goel
  • Rohit Bhat

Series A5 investors entered at this stage

  • B Capital
  • Quona Capital
  • InnoVen Capital
  • Alteria Capital
  • British International Investment
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇮🇳 India100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Turno on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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