Turno
India, IN · 8 known investors
Turno leases commercial electric vehicles and extracts value from their batteries across a battery lifecycle spanning lending, manufacturing, and second-life energy storage for stationary applications. The company operates primarily in India with an intelligence layer built on battery degradation models and real-world operating data.
Founders & leadership
HA
Hemanth AluruCo-Founder
SR
Sudhindra ReddyinCo-Founder
Investors · 8
Mudita VentureDetroit · $500K – $1M
Quona CapitalWashington · $5M
Stellaris Venture Advisors 2 LlpBangalore · $820K – $24M
Avaana CapitalreportedMumbai
B CapitalreportedGeneva
Also in the syndicate · 3
BIIQuona Accion Inclusion FundStellaris Ventureslead
Funding
SEC filings, press & company announcements- Undisclosed amountpre-Series BDec 2025
Stellaris Ventures (lead), B Capital, BII, Quona Accion Inclusion Fund
Source ↗ - Undisclosed amountSeries-A ExtensionMay 2024Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Frequently asked questions
- What does Turno do?
- Turno leases commercial electric vehicles and extracts value from their batteries across a battery lifecycle spanning lending, manufacturing, and second-life energy storage for stationary applications. The company operates primarily in India with an intelligence layer built on battery degradation models and real-world operating data.
- Who founded Turno?
- Turno was founded by Hemanth Aluru, Sudhindra Reddy.
- Who are Turno's investors?
- Turno's investors include Mudita Venture, Quona Capital, Stellaris Venture Advisors 2 Llp, Avaana Capital, B Capital.
- Where is Turno headquartered?
- Turno is headquartered in India, IN.