Turnip

Bengaluru, India Founded: 2020 • Age: 6 yrs Minicorn
Mobile games are live-streamed to YouTube and Facebook via Turnip.

About Turnip

Turnip is a Telecommunications company based in Bengaluru (India) founded in 2020 by Devendra Kumar Sharma, Aditya Sharma, and Pooja Dubey. Mobile games are live-streamed to YouTube and Facebook via Turnip. It operates in the Telecommunications and Media & Entertainment sectors. Turnip has raised $14.73 million across 3 funding rounds from investors including Angel List, Wellfound and Mars Shot Ventures. The company has 20 employees. Turnip was last valued at $51.27 million in December 2021. Its website turnip.gg draws about 11 thousand monthly visits. Its Indian entity Turnip Media Private Limited reported revenue of β‚Ή2.45 Cr. Its focus areas include Gaming, Gaming Tech, Gamers Tools and Streaming Management.

Company details

Turnip was founded in 2020 in Bengaluru, India, as a platform for live streaming mobile games. Streams are directed by users to YouTube and Facebook, with support for overlays, UPI donation links, in-stream video chat, and video effects. The Android application enables these operations within the gaming and streaming sector. Access is provided through the domain turnip.gg.

  • Headquarters Bengaluru, India
  • Employees 20
  • Founders Devendra Kumar Sharma, Aditya Sharma, Pooja Dubey
  • Stage Minicorn
  • Sectors
    Telecommunications
    Media & Entertainment
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website turnip.gg
  • Social LinkedIn X Facebook Instagram
  • Legal Name Turnip Media Private Limited
  • Date of Incorporation 13 Apr, 2020
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹2.45 Cr

    FY 2025 · -27% YoY

  • Net Loss
    -₹21.45 Cr

    FY 2025 · -877% margin

  • EBITDA
    -₹21.23 Cr

    FY 2025 · -867% margin

  • Total Equity Funding
    $14.73M (USD)

    in 3 rounds

  • Latest Funding Round
    $12.5M (USD), Series A

    Dec 2021

  • Investors
    Angel List

    & 30 more

  • Employee Count
    20

Apps and channels of Turnip

Turnip publishes 2 mobile apps with over 10M+ downloads.

Turnip : Talk to your friends
App Store Photo & Video 4+
Developer: Turnip Media
View on App Store
Turnip - Talk to friends
Google Play Photography Teen Free
Developer: Turnip Media
View on Google Play

Funding Insights of Turnip

Turnip has successfully raised a total of $14.73M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $12.5 million completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $14.73M
  • Total Rounds 3
  • Last Round Series A β€” $12.5M
  • First Round $1.64M

    (Jun 2020)

  • Investors Count 31

All 3 funding rounds of Turnip with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2021$12.5MSeries A$51.27MGreenoaks, Elevation Capital
Aug 2021$596,544Seed$10.39MAngel Deal Holdings, AL Advisors
Jun 2020$1.64MSeed$β€’β€’β€’β€’β€’Elevation Capital, Wellfound
Valuation history
DateValuationStage
Dec 2021$51.27Mβ€’β€’β€’β€’β€’β€’β€’β€’
Aug 2021$10.39Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jun 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Turnip

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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Last known valuation $51.27M (Dec 2021). 31 investors in total: 13 institutional and 18 angel.

Investors in Turnip

Turnip has secured backing from 31 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, Wellfound and Mars Shot Ventures.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Tech-enabled businesses are funded by Greenoaks venture capital firm.
greenoaks.comSan Francisco, United States
Elevation Capital is focused on early-stage tech investments in India.
elevationcapital.comDelhi, India
Venture capital firm focused on multiple sectors
vibe.vcNew York, United States
Private equity investments are directed toward small and mid-sized companies.
theseacapital.comPetaling Jaya, Malaysia
Early-stage companies are invested in by Better Capital.
bettercapital.vcSanta Clara, United States
Venture capital firm investing in and advising early-stage startups in India.
2020marsshot.vcBengaluru, India
Growth capital is provided to companies in China by SAIF Partners.
sbaif.comHong Kong, China
Delivers comprehensive financial services solutions.
2014aladvisors.coColombia
Delivers comprehensive solutions for holiday home services to enhance guest experiences.
2003redbrook.comPlymouth, United States
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Investor details for Turnip

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Board of directors of Turnip Media Private Limited (Turnip)

Turnip Media Private Limited is the primary company behind Turnip. The board of Turnip Media Private Limited currently have 3 directors; the longest-serving is Pooja Dubey, appointed in 2020. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Pooja Dubey
DIN 07242848
Director13 Apr 20206 yrs 6 moTurnip Media Private Limited
Aditya Sharma
DIN 07503456
Director21 May 20206 yrs 5 moTurnip Media Private Limited
Mayank Khanduja
DIN 03579776
Nominee Director05 Jan 20224 yrs 10 moTurnip Media Private Limited

People of Turnip

3 people are tracked at Turnip (3 in leadership); the tracked headcount is 20.

NameRoleGroup
Devendra Kumar Sharma
Co-FounderLeadership
Co-FounderLeadership
Co-FounderLeadership
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Complete people profiles for Turnip

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Financials of Turnip

Figures of Turnip Media Private Limited, the primary company behind Turnip, for FY 2025. Revenue was ₹2.45 Cr (-27% year on year). Net loss was -₹21.45 Cr (-877% margin). EBITDA was -₹21.23 Cr (-867% margin). Revenue has grown at a compounded annual rate of +65% over three years.

  • ₹2.45 CrRevenue · FY 2025 · -27% YoY
  • -₹21.45 CrNet loss · -877% margin
  • -₹21.23 CrEBITDA · -867% margin
  • ₹10.8 LakhPaid-up capital
  • 20Employees (provident fund records)
  • +65%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Turnip Media Private Limited are on its company page.

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Detailed financial statements for Turnip

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  • Downloads

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Timeline of Turnip

4 dated milestones of Turnip across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Turnip is founded.
  2. Funding First funding round of $1.6M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $12.5M.

Web traffic of Turnip

The website of Turnip (turnip.gg) receives about 10.8K visits a month.

  • Monthly visits
    10.8K

    ▲ 25.2% vs previous month

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Related news about Turnip

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Complete news archive for Turnip

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Articles about Turnip on our blog

Frequently Asked Questions about Turnip

Turnip was founded in 2020.

Turnip is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Turnip is a funded company, having raised a total of $14.73M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.64M, raised on Jun 2020.

Turnip has 20 employees.

The primary company behind Turnip, Turnip Media Private Limited, reported revenue of β‚Ή2.45 Cr for FY 2025, down 27% year on year.

Turnip was founded in 2020 in Bengaluru, India, as a platform for live streaming mobile games. Streams are directed by users to YouTube and Facebook, with support for overlays, UPI donation links, in-stream video chat, and video effects. The Android application enables these operations within the gaming and streaming sector. Access is provided through the domain turnip.gg.

Turnip has 31 investors. Key investors include Angel List, Wellfound, Mars Shot Ventures, Digilet, and Greenoaks.

The valuation of Turnip is $51.27M as of Dec 2021.

Turnip operates through Turnip Media Private Limited.

The legal entities of Turnip currently have 3 directors, including Pooja Dubey, Aditya Sharma, Mayank Khanduja.

Yes. Turnip publishes Turnip : Talk to your friends and 1 more app, with over 10 million downloads.

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