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[Weekly funding roundup May 25-31] VC inflow sees marginal increase

[Weekly funding roundup May 25-31] VC inflow sees marginal increase
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IT firms trim bench strength; GCCs focus on compliance

Happy Thursday! The countrys top IT firms have seen a massive drop in their bench strength, i.e. employees not on active projects. Find out why and more in todays ETtech Morning Dispatch.

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Turno funding: EV marketplace-financing startup Turno raises $6 million from BII, others

Founded in April 2022 by former Zoomcar C-suite executives Hemanth Aluru and Sudhindra Reddy, Bengaluru-based Turno provides financing solutions to small and mid-size enterprises as well as individuals who plan to buy commercial three-wheeler (3W) electric vehicles.

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Turno raises $6M in Series A extension round co-led by BII and Quona Capital

EV segment focused Turno will use the capital for market expansion and build on its battery technology platform.

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Turno raises $6 million in Series-A funding round - The Hindu BusinessLine

Turno raises $6 million in Series-A funding round - The Hindu BusinessLine
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