Turno

Turno

Turno Finance makes owning EV very affordable.

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DateInvestorsAmountRound
-investor

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round
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round
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$6.0m

Valuation: $71.0m

Series A
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-392 %
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

More about Turno
Made with AI
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Turno.club operates as a comprehensive marketplace for commercial electric vehicles (EVs) in India, catering to businesses and individual entrepreneurs seeking cost-effective and eco-friendly transportation solutions. The company primarily serves clients in multiple states including Karnataka, Delhi, Telangana, Maharashtra, Tamil Nadu, and Gujarat. Turno.club's business model revolves around providing a platform where users can compare and purchase electric three-wheeler vehicles from leading brands such as Piaggio, Mahindra, ETrio, Altigreen, and OSM. The platform offers detailed information on vehicle features and prices, ensuring that buyers can make informed decisions.

Revenue is generated through vehicle sales, financing services, and value-added offerings such as guaranteed buyback and dedicated customer support. Turno.club differentiates itself by providing the lowest prices, best financing options, and a money-back guarantee on bookings. Additionally, the company offers a unique buyback program, promising a buyback value of up to 1.5 lakh INR after three years, which adds a layer of financial security for buyers.

Turno.club also emphasizes customer experience by offering free test drives, a 300-point inspection test for vehicles, and dedicated buying assistance. The platform aims to make the transition to electric vehicles seamless and financially viable for businesses, thereby promoting sustainable transportation solutions.

Keywords: commercial EV marketplace, electric three-wheelers, vehicle financing, buyback guarantee, multi-brand, lowest prices, dedicated support, test drives, eco-friendly, business transportation.

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