Private Equity

VC Fund Investments

Mobile gaming startup Turnip raises $12.5 M led by Greenoaks, Elevation Capital

My Big Plunge  

Bengaluru-based mobile gaming startup Turnip has raised USD 12.5 million in a Series-A funding round co-led by Greenoaks and Elevation Capital. The round also had participation from SEA Capital and Vibe Capital. Andreessen Horowitz general partner Andrew Chen, Razorpay founders Harshil Mathur and Shashank Kumar, Notion COO Akshay Kothari, and Streamyard co-founder Geige Vandentop also participated in the funding round. Other investors in the firm include Meesho founders Vidit Aatrey and Sanjeev Barnwal, Flipkart CEO Kalyan Krishnamoorthy, and Udaan co-founder Sujeet Kumar. The company plans to use the fresh funds to scale its presence across geographies. Founded in April 2020, Turnip claims to have grown its user base from 2,50,000 users in November 2020 to more than 50 lakh in 2021. About 45% of the company's users are from outside of India.