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Angel Investor (Individual)

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Investments

1

Portfolio Exits

1

About Arjun Rao

Arjun Rao Headquarter Location

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Latest Arjun Rao News

Fintech startup Turno raised $3.1Mn in seed led by Stellaris Venture Partners & Avaana Capital

Jun 29, 2022

Fintech startup Turno raised $3.1 million in seed led by Stellaris Venture Partners and Avaana Capital where clutch of angel investors such as Vipul Parekh of Bigbasket, Darwinbox’s Jayant Paleti, Zestmoney’s Lizzie Chapman and Priyamvada Sharma, Dhyanesh Shah of Mosaic Wellness, Matilde Giglio of Even, Rohit Bhat of Airavat Capital, Eight Roads’ Aditya Systla, Speciale Invest’s Arjun Rao, Bala Parthasarathy of Freo Money, Archit Gupta of Clear, Urban Ladder’s Ashish Goel, Kunal Khattar of Advantedge and the Goenka Family Office also participated. Turno is a fintech company that is primarily focused on the country's burgeoning EV segment. The startup assists small and medium-sized enterprises (SMEs) and individuals in selecting the best electric vehicles (EVs) for their needs and then provides financing through its Turno credit app to allow users to purchase them. Turno intends to use the funds to expand its technology vertical and expand its footprint. The startup, which is currently only operating in Bengaluru, intends to expand to 5-6 other cities within the next month.

Arjun Rao Investments

1 Investments

Arjun Rao has made 1 investments. Their latest investment was in Fitmob as part of their Series A - III on January 1, 2015.

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Arjun Rao Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/6/2015

Series A - III

Fitmob

$5M

Yes

2

Date

1/6/2015

Round

Series A - III

Company

Fitmob

Amount

$5M

New?

Yes

Co-Investors

Sources

2

Arjun Rao Portfolio Exits

1 Portfolio Exit

Arjun Rao has 1 portfolio exit. Their latest portfolio exit was Fitmob on April 23, 2015.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

4/23/2015

Acquired

$99M

1

Date

4/23/2015

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

1

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