Greenoaks Co-Leads $12.5M Series A Financing of Turnip
Gunderson Dettmer represented client Greenoaks as it co-led the $12.5 million Series A financing of Turnip, an India-based mobile-first gaming community platform. The fresh funds will enable Turnip to expand its presence across geographies and strengthen its team by hiring tech, design and growth leaders worldwide.
In the announcement of the transaction, co-founders of Turnip Pooja Dubey and Aditya Sharma said, “Our goal is to build from India for the two billion gamers spread across the world. 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 Gunderson deal team was led by Jolyn Ang, and included Benjamin Teo and Soo Guo Kai.