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Turnip

turnip.gg

Founded Year

2020

Stage

Series A | Alive

Total Raised

$14.13M

Last Raised

$12.5M | 1 yr ago

About Turnip

Turnip allows content creators to stream on platforms like YouTube, Facebook, and Twitch, and run interactive experiences for their communities as well as monetize user engagement.

Headquarters Location

H-1203, Purva Skywood Apartments, Silver County Road, Off Harlur Road

Bengaluru, 560058,

India

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Research containing Turnip

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Turnip in 2 CB Insights research briefs, most recently on Mar 17, 2022.

Expert Collections containing Turnip

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Turnip is included in 2 Expert Collections, including Gaming.

G

Gaming

5,218 items

Gaming companies are defined as those developing technologies for the PC, console, mobile, and/or AR/VR video gaming market.

I

Influencer & Content Creator Tech

275 items

Companies that serve independent creators who want to monetize their own work, from content creation tools to administrative back-end platforms to financing solutions.

Latest Turnip News

Turnip increases $12.5 million for its mobile-first video gaming neighborhood system

Jan 14, 2022

13th January 2022 Turnip, an Indian start-up that is developing a mobile-first video gaming neighborhood system, has actually increased $12.5 million in a brand-new funding round to grow its impacts in India as well as lots of various other nations as well as mess around with web3 as it seeks to widen its item offerings. Greenoaks as well as Altitude Funding co-led the one-and-a-half-year-old start-up’s Collection A round. SEA Funding, Ambiance Funding as well as ratings of business owners consisting of Andrew Chen of Andreessen Horowitz, Sujeet Kumar of Udaan, Harshil Mathur as well as Shashank Kumar of Razorpay, Gaurav Munjal as well as Roman Saini of Unacademy, Lalit Keshre, Harsh Jain as well as Ishan Bansal of Groww, as well as Akshay Kothari of Idea likewise joined the round. Numerous systems such as Twitch as well as YouTube exist for players to aid them disperse to a considerably big individual base. “Yet no one is resolving the much deeper interaction as well as money making,” claimed Pooja Dubey, creator of Turnip, in a meeting with TechCrunch. “We have actually seen these obstacles being resolved in various other classifications, however video gaming today has a whitespace.” Turnip is trying to resolve this by enabling players to develop an area on its application, where they can stream live gameplay from their smart phones, involve with their followers as well as generate income from. Followers see the gameplays within the application as well as can communicate with the individual playing the video game in real-time with message talks, sound as well as video clip. Players can remain to stream on any kind of system as well as incorporate the gameplay right into Turnip to involve with their leading followers. They can likewise hold esports competitions as well as masterclasses on the application to deeply involve with the target market. The system, which provides a wide-range of devices as well as combinations, is made to prolong assistance to low-specced gadgets along with slower web links, she claimed. Followers can tip players in several methods consisting of purchasing products such as badges as well as sticker labels, make single settlement to gain access to specific occasions as well as likewise established a repeating payment. The settlements are managed in “a much more granular as well as detailed degree instead of asking ahead of time to pay something,” she claimed. (Apple as well as Google take their 30%, while Turnip presently takes regarding 10% as payment. Dubey claimed based upon the use as well as player’s earnings, the start-up might alter its charge.) Pc gaming has actually come to be a social experience in recent times many thanks to the increase of interactive video games such as Fortnite as well as PUBG as well as accessibility of quick information rates that permit buddies to speak to each other in real-time as they deal with finishing goals as well as, generally, eliminate great deals of digital personalities. ” From a layout as well as advancement point of view, multiplayer video games have actually provided themselves well to social attributes like voice conversation,” claimed Rishi Alwani, veteran sector expert as well as interactions supervisor at SuperGaming. “Our video game Ridiculous Royale, for example, scaled to 13 million downloads. With voice conversation, we struck 3 million voice mins in a day,” he claimed. ” Today’s banners as well as various other developers intend to grow deep, customized, as well as relentless partnerships with their followers, with a splendor that’s difficult to attain on Twitch or YouTube alone. Turnip is developing a system that changes easy audiences right into a proactively involved neighborhood, thrilling followers while making it possible for brand-new alternatives for developers, from registrations, to occasions, to sponsorships, as well as extra,” claimed Neil Shah, Companion at Greenoaks, in a declaration. Turnip has actually collected over 5 million individuals, 45% of whom are from beyond India. In 2021, individuals jointly invested greater than a billion mins on the system, the start-up claimed. ” We began with India, mainly due to the fact that it was the house ground. Yet we constantly had in our mind that video gaming is something that transcends past locations. Today we have individuals in 58 nations,” claimed Dubey. (A few of the significant worldwide markets for Turnip, by individual base, are Latin America, Center East, as well as Southeast Asia.) The start-up intends to release the fresh funds to grow its impacts in Latin America, the Center East as well as Southeast Asia to name a few markets this year. It’s likewise seeking to broaden its group in numerous functions consisting of item. Among the items that Turnip is presently servicing is a token that might permit neighborhood drivers to award their participants as well as approve settlements. The start-up is likewise checking out usage situations for NFTs on the system, she claimed. ” We deeply rely on the future of mobile video gaming areas that Pooja as well as Aditya are developing,” claimed Mayank Khanduja, Companion at Altitude Funding, in a declaration. “When we satisfied them for the very first time, we saw that they had the special mix of ability as well as aspiration to develop an item that’s absolutely international,” he claimed, including that the endeavor fund authorized its initial term sheet with the owners within 3 days of conference when there was no item visible. ” The item places players, a big percentage of electronic developers today, at the centre as well as allows them think of entirely brand-new experiences for their neighborhood. Turnip’s magnificent development as well as international reach in the previous year additionally seals our idea in their vision as well as we are enjoyed declare our collaboration in this most recent financing round.”

Turnip Web Traffic

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Page Views per User (PVPU)
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Turnip Frequently Asked Questions (FAQ)

  • When was Turnip founded?

    Turnip was founded in 2020.

  • Where is Turnip's headquarters?

    Turnip's headquarters is located at H-1203, Purva Skywood Apartments, Silver County Road, Off Harlur Road, Bengaluru.

  • What is Turnip's latest funding round?

    Turnip's latest funding round is Series A.

  • How much did Turnip raise?

    Turnip raised a total of $14.13M.

  • Who are the investors of Turnip?

    Investors of Turnip include Elevation Capital, Vibe Capital, Gaurav Munjal, Shashank Kumar, Lalit Keshre and 10 more.

  • Who are Turnip's competitors?

    Competitors of Turnip include Loco and 1 more.

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