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Turtlemint

647

Insurance distribution platform

Indian Unicorns & Soonicorns
Insurance Distribution
Active

Founded

2015

Team Size

1000

Total Funding

₹190 Cr

Valuation

₹950 Cr

About

Turtlemint is an insurtech platform connecting insurance advisors with customers for seamless policy purchase and service.

Unique Selling Proposition

Core Differentiator

Technology-enabled marketplace empowering insurance advisors with tools, leads, and multi-insurer product access to serve customers efficiently

Target Market

Insurance advisors and middle-income Indian families seeking comprehensive insurance solutions

Key Innovation

Advisor-first platform combining CRM, product comparison, and transaction capabilities with lead generation

Competitive Moats
🌐Network Effects
Medium

Growing advisor network creates value for insurers and customers; more advisors attract more insurers and vice versa

🔒Switching Costs
Medium

Advisors build their customer base and workflows on the platform, making migration costly in terms of data and relationships

🧠Data/AI Moat
Medium

Transaction and customer interaction data enable better matching, personalization, and advisor performance insights

Funding Snapshot
Free preview

₹120 Cr

Total Raised

1

Round

Series E

Latest · 2022-03-15

Backed by

Jungle Ventures
Nexus Venture Partners

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Full Funding History

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Funding History

Series E

2022-03-15

₹120 Cr

Investors

Jungle Ventures
Nexus Venture Partners
Details

Location

Mumbai, Maharashtra

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Financial Metrics

Annual Revenue

₹550 Cr

Growth Rate

68%

Funding Rounds

1

VedAI Score
647/1000
Developing