Turtlemint

About

Turtlemint is an insurtech platform that identifies and purchases appropriate insurance policies for consumers.

Thane,Maharashtra,India
1001 - 5000
https://www.turtlemint.com

Highlights

Details

Last Funding Type: Series E
Last Funding Money Raised: $120M
Industries: Financial Services,Insurance,InsurTech
Founded date: Jan 1, 2015
Number Of Employee: 1001 - 5000
Operating Status: Active
Legal Name: Turtlemint Insurance Broking Services Pvt Ltd

Turtlemint is an online insurance platform that identifies and purchases appropriate insurance policies for consumers. It aims to “demystify” insurance by explaining the jargon in a simple way and providing smart tools to help a user make the right choice. From search to purchase, the entire process can be completed online in just a few clicks.

The company offers car insurance, bike insurance, health insurance, and term life insurance. It was founded in 2015 and is based in Mumbai, Maharashtra, India.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

6

$197M

Turtlemint has raised a total of $197M in funding over 2 rounds. Their latest funding was raised on Apr 29, 2022 from a Series E round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Apr 29, 2022	Series E	$120M	5	Amansa Capital Jungle Ventures Nexus Venture Partners	—	Detail
Mar 9, 2021	Series D	$16M	2	Jungle Ventures	—	Detail
Nov 17, 2020	Series D	$30M	9	GGV Capital	—	Detail
Jan 16, 2019	Series Unknown	$25M	3	Sequoia Capital India	—	Detail
Nov 27, 2018	Series Unknown	$6M	1	Sequoia Capital India	—	Detail

Investments

Number of Investments

Number of Lead Investments

4

0

Turtlemint has made 4 investments. Their most recent investment was on Aug 10, 2021, when Saturn Technologies raised $44M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Aug 10, 2021 Saturn Technologies	Series Unknown	$44M	Apps	—
Mar 20, 2021 FlickPlay	Seed	$5M	Blockchain	—
Feb 12, 2019 Massless	Seed	$2M	3D Technology	—
Feb 28, 2014 Secret	Series A	$8.60M	Apps	—

Investors

Number of Lead Investors

Number of Investors

8

13

Turtlemint is funded by 13 investors. Amansa Capital and Jungle Ventures are the most recent investors.

Investor Name	Lead Investor	Funding Round
Amansa Capital	Yes	Series E
Jungle Ventures	Yes	Series E
Nexus Venture Partners	Yes	Series E
Marshall Wace	—	Series E
Vitruvian Partners	—	Series E
GGV Capital	—	Series D
American Family Ventures	—	Series D
Blume Ventures	—	Series D
Dream Incubator	—	Series D
MassMutual Ventures	—	Series D