IPO · Financial Services
Turtlemint files DRHP for IPO
By Startup Enthusiast ·
- Date
- Company
- Turtlemint
- What it does
- Insurance and financial products platform
- Kind
- IPO
- Sector
- Financial Services
What they do
Turtlemint is an online platform to compare and buy insurance, mutual funds, and loans
What happened
It filed a draft red herring prospectus with SEBI, BSE, and NSE for an IPO of equity shares
Why it matters
The company has sold over 1.6 crore policies through 5 lakh advisors and 42 insurers
The details
- Turtlemint Fintech Solutions Limited filed a draft red herring prospectus (DRHP) with SEBI, BSE, and NSE.
- The IPO is for equity shares of face value ₹1 each.
- The company was formerly known as Turtlemint Fintech Solutions Private Limited and earlier Fintech Blue Solutions Private Limited.
- Turtlemint allows users to compare and buy insurance, mutual funds, and loans online.
- It has sold over 1.6 crore policies through 5 lakh advisors and 42 insurers.
- The TurtlemintPro Advisor App helps advisors sell insurance, mutual funds, and loans with marketing tools and training.
- The Turtlemint Consumer App provides policy tracking, claims handling, and renewal reminders.
- Turtlefin offers embedded insurance and SaaS solutions for banks, NBFCs, e-commerce, and enterprises.
The bigger picture
- The company has a large network of advisors and a wide product range.
About the business
- Turtlemint is an online platform to compare and buy insurance and financial products.
- It offers health, car, bike, and life insurance, as well as mutual funds and loans.
- The platform is trusted by 5 lakh advisors and has 42 insurer partners.
- It has sold over 1.6 crore policies in total.
- The TurtlemintPro Advisor App provides tools for advisors to sell and manage policies.
- The Turtlemint Consumer App helps users track policies, handle claims, and get renewal reminders.
- Turtlefin provides embedded insurance and SaaS for banks, NBFCs, and e-commerce with a go-to-market time of under 30 days.
The deal
- Type
- ipo
Other articles talking about it
More on Turtlemint
- Turtlemint Fintech Solutions listed after raising ₹882.67 crore in IPO12 September 2026 · IPO · ₹882.67 Cr
- Jefferies initiates coverage on Turtlemint with buy rating21 August 2026 · Analysis
- Turtlemint Q1 revenue up 40%, loss narrows 19%14 August 2026 · Results · ₹294 crore
- Turtlemint posts first quarterly net profit in Q4 FY2618 July 2026 · Results
- Turtlemint lists at 11.25% discount on weak debut29 June 2026 · IPO · ₹883 crore
- Turtlemint lists on BSE NSE after IPO raises ₹660.7 Cr16 June 2026 · IPO · ₹660.7 Cr
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