Turtlemint Overview
- Year Founded
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2013
- Status
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Private
- Latest Deal Type
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Series E
- Latest Deal Amount
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$121M
- Investors
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15
Turtlemint General Information
Description
Operator of an online insurance platform intended to help with the process of buying and managing insurance policies. The company's platform provides recommendations for insurance to customers based on proprietary algorithms and data analytics and offers a network of offline facilitators to help complete the insurance purchase and provide claims assistance, enabling clients to choose the correct insurance scheme and provide the necessary information.
Contact Information
Website
www.turtlemint.comCorporate Office
- The ORB - Sahar, 4B, 1st Floor, A Wing
- Marol Village, Andheri (East)
- Mumbai, Maharastra 400099
- India
Corporate Office
- The ORB - Sahar, 4B, 1st Floor, A Wing
- Marol Village, Andheri (East)
- Mumbai, Maharastra 400099
- India
Turtlemint Timeline
Turtlemint Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
6. Later Stage VC (Series E) | 11-May-2022 | $121M | Completed | Generating Revenue | ||
5. Later Stage VC (Series D) | 09-Mar-2021 | Completed | Generating Revenue | |||
4. Later Stage VC (Series B) | 16-Jan-2019 | Completed | Generating Revenue | |||
3. Later Stage VC | 29-Nov-2018 | Completed | Generating Revenue | |||
2. Early Stage VC (Series A) | $2.5M | $2.5M | Completed | Generating Revenue | ||
1. Seed Round | 05-Feb-2016 | Completed | Generating Revenue |
Turtlemint Comparisons
Industry
Financing
Details
Turtlemint Competitors (7)
One of Turtlemint’s 7 competitors is InsuringIndia, a Formerly VC-backed company based in New Delhi, India.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
InsuringIndia | Formerly VC-backed | New Delhi, India | ||||
Easypolicy | Venture Capital-Backed | Noida, India | ||||
Coverfox | Venture Capital-Backed | Mumbai, India | ||||
Afinoz | Formerly VC-backed | Noida, India | ||||
Acko | Venture Capital-Backed | Bengaluru, India |
Turtlemint Investors (15)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Amansa Capital | Hedge Fund | Minority | ||
Marshall Wace | Hedge Fund | Minority | ||
Vitruvian Partners | PE/Buyout | Minority | ||
American Family Ventures | Corporate Venture Capital | Minority | ||
CE-Ventures | Venture Capital | Minority |
Turtlemint Acquisitions (2)
Turtlemint’s most recent deal was a Merger/Acquisition with Last Decimal. The deal was made on 24-Feb-2023.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Last Decimal | 24-Feb-2023 | Merger/Acquisition | Other Commercial Services | ||
IOPhysics Systems | 16-Nov-2021 | Merger/Acquisition | Systems and Information Management |
Turtlemint Subsidiaries (1)
Company Name | Industry | Location | Founded |
---|---|---|---|
Last Decimal | Other Commercial Services | Bangalore, India |
Turtlemint FAQs
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When was Turtlemint founded?
Turtlemint was founded in 2013.
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Where is Turtlemint headquartered?
Turtlemint is headquartered in Mumbai, India.
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What industry is Turtlemint in?
Turtlemint’s primary industry is Information Services (B2C).
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Is Turtlemint a private or public company?
Turtlemint is a Private company.
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What is the current valuation of Turtlemint?
The current valuation of Turtlemint is
. -
What is Turtlemint’s current revenue?
The current revenue for Turtlemint is
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How much funding has Turtlemint raised over time?
Turtlemint has raised $200M.
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Who are Turtlemint’s investors?
Amansa Capital, Marshall Wace, Vitruvian Partners, American Family Ventures, and CE-Ventures are 5 of 15 investors who have invested in Turtlemint.
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Who are Turtlemint’s competitors?
InsuringIndia, Easypolicy, Coverfox, Afinoz, and Acko are some of the 7 competitors of Turtlemint.
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