Turtlemint is an online insurance platform that identifies and purchases appropriate insurance policies for consumers.
Turtlemint helps consumers identify and purchase the most appropriate insurance policies for them.
Turtlemint was founded in 2015 by Anand Prabhudesai and Dhirendra Mahyavanshi. The company is headquartered in Pune, Maharashtra, India.
Turtlemint helps financial advisors understand and distribute insurance to their community of customers. It aims to assist these advisors to cater to the individual needs of each customer by providing digital solutions.
Turtlemint has built partnerships with more than 40 Indian insurance providers, including HDFC Life Insurance, HDFC Ergo, ICICI Lombard, New India Assurance, Reliance General Insurance, and new-age companies such as Go Digit.
Turtlemint claims to have developed a network of over 160,000 insurance advisors that cater to more than 3 million customers across 15,000 pin codes in India.
Turtlemint is backed by GGV Capital, Blume Ventures, Sequoia Capital India, Jungle Ventures, Nexus Venture Partners, American Family Ventures, MassMutual Ventures, SIG, Amansa Capital, and others. The company raised $120M in Series E round on Apr 29, 2022. This brings Turtlemint's total funding to $197M to date. The latest round valued the company at a $950M post-money.