T
Turno
Turno Finance makes owning EV very affordable
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 dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| 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 | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
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- KKKunal Khattar
Jayant Paleti
Vipul Parekh
Arjun rao
Matilde Giglio
Archit Gupta
Dhyanesh Shah- PSPriyamvada Sharma
- GOGoenka Family Office
Ashish Goel- RBRohit Bhat
Series A5 investors entered at this stage
B Capital
Quona Capital
InnoVen Capital
Alteria Capital
British International Investment
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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