Turnip - About the company
Turnip is a series A company based in Bengaluru (India), founded in 2020 by Aditya Sharma, Devendra Kumar Sharma and Pooja Dubey. It operates as a Provider of platform enabling gaming community creation, interaction, and live-streaming. Turnip has raised $14.7M in funding from investors like Elevation Capital, Greenoaks and Wellfound, with a current valuation of ₹*****. The company has 226 active competitors, including 15 funded and 7 that have exited. Its top competitors include companies like Twitch, Eloelo and Tango.
Company Details
Provider of platform enabling gaming community creation, interaction, and live-streaming. It allows users to build and manage gaming communities. The platform facilitates connections through interactive activities, enabling fans to support creators. Users can discover communities, participate in events, and interact with creators and other members. The platform also offers mobile game live-streaming capabilities with custom options.
- Website
- turnip.gg
- Social
- Email ID
- *****@turnip.gg
- Registered Address
- #362, 7th Main Indiranagar, HAL 2nd Stage, Indiranagar (Bangalore), Bangalore, Bangalore North, Karnataka, India, 560038
Key Metrics
Founded Year
2020
Location
Bengaluru, India
Stage
Series A
Total Funding
$14.7M in 3 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jan 05, 2022
Investors
Ranked
10th among 226 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
16 as on Aug 31, 2025
Legal entities associated with Turnip
Turnip is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TURNIP MEDIA PRIVATE LIMITED CIN: U74999KA2020PTC133752 , India, Active | Apr 13, 2020 | 0 - ₹10 Cr (As on Mar 31, 2025) | 16 (As on Aug 31, 2025) |
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Turnip's funding and investors
Turnip has raised a total funding of $14.7M over 3 rounds. Its first funding round was on Jun 08, 2020. Its latest funding round was a Series A round on Dec 22, 2021 for $*****. 21 investors participated in its latest round. Turnip has 13 institutional investors and 18 angel investors.
Here is the list of recent funding rounds of Turnip:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 22, 2021 | 8656772 | Series A | 1929828 | 4223417 | 7577166 | 2226716 |
Aug 28, 2021 | 8933819 | Seed | 2044417 | 4469621 | 1792987 | |
Jun 08, 2020 | 1594582 | Seed | 6987387 | 2259939 |
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Turnip's founders and board of directors
Founder? Claim ProfileHere are the details of Turnip's key team members:
- Aditya Sharma: Co-Founder of Turnip and founder of 1 other company. They are also an angel investor in 10 startups and serve on the boards of 5 companies.Contact Info: 1 email address and 1 phone number
- Devendra Kumar Sharma: Co-Founder of Turnip. They are also an angel investor in 1 startup and serve on the boards of 2 companies.
- Pooja Dubey: Co-Founder of Turnip and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
Turnip's Board of Directors
Turnip's board has 3 active members. Aditya Sharma, Mayank Khanduja and Pooja Dubey are part of team.Here is the list of Turnip's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 2m | |
Team | - | Current | 6y 3m | |
ipyosgv | Team | - | Past | 3y 3m |
Investor | Elevation Capital | Current | 4y 6m |
View details of Turnip's Founder profiles and Board Members
Turnip's employee count trend
Turnip has 16 employees as of Aug 25. The total employee count is 11.0% lower than what it was in Aug 24. Here is Turnip's employee count trend over the years:
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Turnip's Competitors and alternates
Top competitors of Turnip include Twitch, Eloelo and Tango. Here is the list of Top 10 competitors of Turnip, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Twitch 2006, San Francisco (United States), Acquired | ESports social video streaming platform | $35.1M | 83/100 | |
2nd | Provider of live social entertainment platform | $51.1M | 79/100 | ||
3rd |  Tango 2009, Mountain View (United States), Series D | Provider of live-streaming community platform | $373M | 70/100 | |
4th | Enthusiast Gaming 2013, Toronto (Canada), Public | Online social platform for esports enthusiasts | $600K | 64/100 | |
5th | Platform offering live streaming, gaming, and social interaction with rewards for creators and users | $61.6M | 63/100 | ||
6th | _1539238222154.webp?devicePixelRatio=2&height=30&width=30){kind=logo} Hearo Live 2017, San Francisco (United States), Seed | Esports social live streaming solutions provider | $2.1M | 60/100 | |
7th | Operator of a platform providing live streaming, gaming, and chatrooms | - | 60/100 | ||
8th | Video-based social media platform and related services provider | $272M | 59/100 | ||
9th | Moi Corporation 2012, Chiyoda City (Japan), Public | Social live streaming platform | $11.6M | 52/100 | |
10th | Provider of platform enabling gaming community creation, interaction, and live-streaming | $14.7M | 51/100 |
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Turnip's Latest cap tables and shareholding
Founders (largest shareholder) own 56.65%, Funds own 29.80%, Enterprises own 0.18% and Angels own 2.77%. The net worth of Turnip's founders is INR 186Cr as of Jan 05, 2022.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 56.65% | 186Cr | 6724215 | 1596682 | 1733546 | 6167570 |
7799247 | 3083916 | 2346759 | 6226023 | 9379933 | 4812072 | |
Fund | 29.80% | 97.9Cr | 8948063 | 1547096 | 4093003 | 2346738 |
7521172 | 3186026 | 7523341 | 8108909 | 4093366 | 2168389 | |
2491027 | 7867854 | 7540854 | 3740094 | 4815410 | 4210928 | |
3 | 4 | 2 | 2 | 7 | 3 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 0.18% | 57.7L | 0 | 0 | 0 | 0 |
Angel | 2.77% | 9.06Cr | 64 | 97 | 30 | 75 |
ESOP Pool | 10.62% | 34.9Cr | 2936577 | 4555944 | 1585239 | 1258652 |
Total | 100.00% | 328Cr | 1608228 | 7535795 | 1356705 | 8243810 |
To unlock detailed Cap Table of Turnip Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Turnip's Shareholding
Turnip's Investments and acquisitions
Turnip has made no investments or acquisitions yet.
Reports related to Turnip
Here is the latest report on Turnip's sector:
News related to Turnip
•
Gaming community startup Turnip raises $12.5M co-led by Greenoaks and Elevation CapitalYourStory•Jan 13, 2022•Turnip, Greenoaks, Elevation Capital, The SEA Capital and 7 others
•
Game live streaming platform Turnip raises $1.63 mn led by Elevation CapitalTheNewsMinute•Jan 21, 2021•Turnip, Elevation Capital, Better Capital, Elevation Capital
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