Tech Company Financing Transactions
Turno Funding Round
Turno, based in Bengaluru Karnataka, secured $3.1 million from Stellaris Venture Partners and Avaana Capital.
Transaction Overview
Company Name
Announced On
6/29/2022
Transaction Type
Venture Equity
Amount
$3,100,000
Round
Undisclosed
Investors
Stellaris Venture Partners (Lead Investor) (Arpit Maheshwari)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Koramangala 8th Block Attic Chanakya 4th Floor No. 32 2nd cr
Bengaluru Karnataka, 560095
India
Bengaluru Karnataka, 560095
India
Phone
Website
Email Address
Overview
We are on a mission to replace gasoline miles with EV miles! Commercial Vehicles contribute 80-90% of fuel burnt today - that's where we focus on. Hundreds of EVs already exist, yet adoption has been super slow. That's what we solve for. That's the route to building the biggest brand in the EV world.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Hemanth Aluru
Chief Operating Officer
Sudhindra Reddy
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Where The Data Comes From
Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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