Turno raises INR 46 Cr in a funding series A led by British International Investment to expand operations and fund capital expenditure budget.
Amount Raised
$5.5 Million
Round Type
Series A
BengaluruTransportationInvestors
Description
Turno, a commercial EV marketplace, raised a fresh funding of INR 46.06 Cr ($5.5 Mn) led by British International Investment, with participation from Stellaris Venture Partners, B Capital, Quona Capital and Accion Venture Lab. The startup plans to utilize the funds to expand its operations and fund its capital expenditure budget.
Quick answer
Turno raised $5.5 Million in a Series A round, dated May 27, 2024. Investors: Accion Venture Lab, Quona Capital, B Capital, Stellaris Venture Partners and British International Investment. Turno is based in Bengaluru, Karnataka, India.
- How much did Turno raise?
- Turno raised $5.5 Million in a Series A round on May 27, 2024.
- Who invested in Turno?
- Accion Venture Lab, Quona Capital, B Capital, Stellaris Venture Partners and British International Investment are named as investors in this round.
- What does Turno do?
- Turno (Brand of Blubble pvt ltd) is an Electric Vehicle company, that helps operators of commercial vehicles to switch to EVs.
- Where is Turno based and how big is it?
- Turno is based in Bengaluru, Karnataka, India.
- Who are the decision-makers at Turno?
- Fundz holds 2 contacts at Turno, including the Head of Digital Marketing. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation around the same time
Companies in the same sectors as Turno that raised within 45 days of this round, from Fundz verified event records.
- DST raised $100M (Series E) on July 9, 2024.
- Volant Aero raised $13M (Series A) on July 5, 2024.
- Lobb raised $2.9M (Seed) on July 4, 2024.
- Roboat raised $592K (Seed) on July 4, 2024.
- Archer Aviation raised $55M on July 2, 2024.
- LandBridge Company raised $13M on July 1, 2024.
Who to call at Turno, and when
A new round usually means Turno is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Turno raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Turno, from your own LinkedIn network
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Funding Insights
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