Mobile gaming community platform Turnip announced that it has raised $12.5 million in a Series A funding round, co-led by Greenoaks and Elevation Capital. Turnip allows for creators to form clubs where they can stream or record their games for fans, talk via audio/video, text each other, run esports tournaments, and host masterclasses. The platform supports a diversity of influencers including live streamers, montage creators, esports organizations, college clubs, and groups of friends. Turnip also allows its users to stream and monetize their interactive experiences on existing platforms like YouTube, Facebook, and Twitch.
“Our goal is to build from India for the 2 billion+ gamers spread across the world,” said Pooja Dubey and Aditya Sharma, Co-Founders of Turnip. “Gamers have been early adopters of technologies and this has created some of the most innovative and immersive consumer products globally — Discord, Streamlabs, Unity, Twitch, Axie Infinity, etc. We want to continue on this same legacy and become the global default home for mobile gaming communities.”
The company will use the fresh funds to scale its presence across geographies as it aims to become the top gaming community platform in India, SEA, and LATAM by the end of 2022. It will also continue to strengthen its talented team and onboard the best tech, design, and growth leaders worldwide.
Though Turnip began with India, 45% of the company’s 5 million users are from outside of India, spanning geographies including Southeast Asia, Latin America, the Middle East & North Africa, the US, and Europe.
(All information was provided by The Free Press Journal)