Bengaluru, India
Turno, operating under Blubble Pvt Ltd, positions itself as India's Top EV Financier & Seller, effectively encapsulating its dual role in the burgeoning Electric Vehicle sector. Founded in 2021 by seasoned entrepreneurs Hemanth Aluru and Sudhindra Reddy Pidapa, who previously steered Zoomcar to success, Turno leverages its founders' deep-rooted mobility industry expertise to drive a significant shift from gasoline to electric miles in India.
Offering a robust ecosystem to facilitate the transition to electric vehicles, Turno ensures maximum return on investment for EV owners. It achieves this by providing a broad selection of commercial EVs from partner OEMs, coupled with affordable financing solutions and a unique battery value guarantee.
Backed by a substantial INR460.00M Series A investment on 27 May 2024, the company has attracted significant interest from prominent investors including Quona Capital, B Capital Group, Stellaris Venture Partners, and British International Investment. Headquartered in India, Turno operates at the intersection of Financial Services, Fintech, and Energy Storage, promising considerable growth potential within these rapidly expanding industries.
