Key Metrics
  • No. of Employees108
  • Founded Year 2021
  • Company StagePrivate Limited Company
  • Total Funding₹184.06 Cr
  • Industry

    ,

  • Headquarter
  • Company StatusActive
About Turno

Turno (Brand of Blubble pvt ltd) is an Electric Vehicle company, that helps operators of commercial vehicles to switch to EVs. Turno does this by providing a wide selection of vehicles from partner OEMs, affordable financing, and battery value guarantees to ensure the highest return on value for EV owners. Turno’s mission is to transition gasoline miles to electric miles in India. Turno is founded by Hemanth Aluru and Sudhindra Reddy Pidapa - experienced entrepreneurs in the mobility industry with a strong track record of value creation. Recently, they led Zoomcar, India's largest personal mobility platform.

Business Model

Commercial electric vehicle distribution and financing startup Turno provides a multi-brand selection of vehicles via its online and physical EV sales platforms and offer total cost of ownership to commercial EV buyers. Purchasers of EVs via Turno ‘Vehicle Lifecycle Management’ app, which gamifies and incentivizes users’ driving behavior to prolong battery life.

Top Competitors
EE
Exponent EnergyU34300KA2020PTC139964
KG
Kinetic GreenU31101PN2011PLC139837
EM
Euler MotorsU72900DL2015PTC275513
Turno Funding Details
Funding Highlights
Latest Funding RoundSeries A
Total Funding Raised₹184.06 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors4
Investors
  • B Capital, Quona, Stellaris Venture Partners, Avaana Capital
Note:

Valuation as on Feb 9, 2023

Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Turno Financial Details
Financial Highlights
FY 2022-23 Revenue₹1.22 Cr
FY 2022-23 Expenses₹28.11 Cr
FY 2022-23 Profit/Loss-₹26.89 Cr
Net Cash Flow From OperationsUndisclosed
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Turno Key People
People Metrics
Current Core Team2
Board Members/Directors3

Core Team

HA
Hemanth AluruCo-Founder
SR
Sudhindra ReddyCo-Founder

Board Members/Directors

HA
Hemanth AluruDirector
SR
Sudhindra ReddyDirector
AM
Arpit MaheshwariNominee Director
Turno Documents

AY - 2021-22

Profit and Loss statement - Turno - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Turno for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Turno - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Turno for FY 2021-22.
₹249.00 ₹498.00

Subscribe to our newsletter to stay updated