company logo
Turtlemint is an insuretech platform empowering insurance advisors with digital tools to recommend the right insurance products to their clients.
Basic Information
Started in April 2015 Turtlemint is an insuretech platform. Founded by IIT-B & IIM-C alumni, with a combined work experience of more than 30 years in insurance and technology companies. Turtlemint’s unique hybrid (online-offline) model has equipped the insurance advisor community with digital tools to help them tackle an otherwise cumbersome offline selling process, efficiently and at a scale that is crucial to improve insurance penetration in India. Through its simple mobile app, Turtlemint is providing a wide variety of products, customized recommendation tools, and a wide range of courses on financial products to empower advisors to be truly digital and future-ready. Today, the platform has a PoSP network of over 1,20,000 advisors that cater to more than 1.5 million customers. Headquartered in Mumbai, India the company offers insurance advisory solutions through the mobile platform and has a Pan-India presence in more than 5,000 metros, cities, and towns.
Legal Name
:
Invictus Insurance Broking Services Private Limited.
Headquarters
:
Thane, Maharashtra, India
Business Model
:
B2C,  B2B2C  
Founding Date
:
2015
No. of Employees
:
1000+
Core Team
:
1.  
Dhirendra Mahyavanshi
Co Founder & CEO
2.  
Anand Prabhudesai
Co Founder
Target Market
B2C
Individuals interested in buying Insurance
User Age
:
18 to 25,  26 to 34,  35 to 45,  46 to 60  
User Income
:
Lower-middle Income,  Upper-middle Income,  High Income,  Lower Income  
Location
:
India  
B2B
Entrepreneurs
Client Segment
:
Insurance  
Target Companies
:
Small Enterprise  
Target Geography
:
India  
Funding

Total Funding

$31.0M

Investors
:
1.  
Dream Incubator
2.  
Jungle Ventures
3.  
Sequoia Capital India
4.  
Nexus Venture Partners

See More

Detail Round Breakdown
Round 1

$120M

Series Name
:
SERIES-E
Date
:
29th Apr 2022
Investors
:
1.  
AMANSA CAPITAL
2.  
Nexus Venture Partners
3.  
AMANSA CAPITAL
4.  
Jungle Ventures

See More