Turno
Company

Last deal

$5.5M
Local Amount - INR 460M

Amount

Series A

Stage

27.05.2024

Date

3

all rounds

$22.2M

Total amount

General

About Company
Turno is an Electric Vehicle company that helps operators of commercial vehicles switch to EVs.

Industry

Sector :

Subsector :

Also Known As

Turno finance

founded date

01.01.2022

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

Turno provides a platform for commercial vehicle operators to transition to electric vehicles by offering a wide selection of vehicles from partner OEMs, affordable financing, and battery value guarantees. Founded by experienced entrepreneurs in the mobility industry, Turno aims to replace gasoline miles with EV miles in India, focusing on the retail cargo three-wheeler segment. With the goal of becoming the biggest brand in the EV world, Turno addresses the slow adoption of EVs in the commercial vehicle sector, which currently contributes to a significant portion of fuel consumption.