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Turtlemint
Digital insurance platform empowering financial advisors
About Turtlemint
Turtlemint is an online platform that simplifies the process of buying, renewing, and claiming insurance for its customers. It operates in the Indian market, serving a broad range of clients from individuals to businesses, who are looking for a hassle-free way to manage their insurance needs.
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Turtlemint's business model is centered around providing a user-friendly platform where customers can easily compare and select the most suitable insurance plans for their needs. It also offers a centralized place for managing all insurance policies, making it convenient for customers to keep track of their insurance coverage.
In addition to these services, Turtlemint also assists its customers in the claim settlement process. This means that when an insured event occurs, Turtlemint helps the customer in getting the compensation from the insurance company, making the process less stressful for the customer.
The company generates revenue by earning commissions from the insurance companies for every policy sold through its platform. It also likely earns from premium services such as personalized advice and assistance in claim settlement.
Turtlemint is regulated by the Insurance Regulatory and Development Authority (IRDA), the apex regulatory body of insurance in India. This ensures that all the insurance policies sold through Turtlemint comply with the rules prescribed by the IRDA.
At a glance
- Status
- Operational
- Founded
- 2015
- Headquarters
- Mumbai, India
- Employees
- 2,590
- Open positions
- 3
- Dealroom signal
- 76.9/100
- Industry
- Fintech
- Sub-industry
- Insurance
- Sector
- Fintech, Insurtech Distribution and Brokerage, Health Insurance, Tech for Patients, PandC Insurance, LandH Insurance
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
- Investment activity
- 1 company, latest Nov 2021
- Capital deployed
- —
- Preferred round
- ACQUISITION
Latest news
Press, funding announcements and product moves mentioning Turtlemint.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Jun 2026 | $42M | $925M | ICICI Prudential Life Insurance · Max Life insurance · Amansa Holdings · Edelweiss Mutual Fund | ↗ |
| SERIES EOther financing | Apr 2022 | $120M | $925M | Nexus Venture Partners · Marshall Wace · Amansa Holdings · Vitruvian Partners | ↗ |
Growth signals
Latest recorded traffic for Turtlemint is 52K monthly website visits, up 48.6% over the last three months. Turtlemint's team grew 2.9% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Series B and later18 investors entered at this stage
Sequoia
Notable Capital
Trifecta Capital
MassMutual Ventures
Dream Incubator
American Family Ventures
SIG Group
Jungle Ventures
Marshall Wace- AHAmansa Holdings
Vitruvian Partners
ICICI Prudential Life Insurance
Max Life insurance
Edelweiss Mutual Fund
Societe Generale
ICICI Prudential Mutual Fund
Bajaj Allianz Life Insurance Company
Mirae Asset
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Turtlemint on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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