TurtleMint Fintech Solutions, the Indian Insurtech company, has started the process of providing first public offers (IPO) by presenting a pre -submitting the Red Herring Bulletin Project with the Securities Council, the Stock Exchange in India (Sebi) and stock exchanges.
The platform works as a bridge that connects customers, insurance consultants and insurance providers, which facilitates the distribution of various insurance products, including health coverage, life and cars.
The company said in its public announcement published in a commercial newspaper: “It does not mean that the Red Hering Prospectus bulletin does not necessarily present that the company will make the initial general offer.”
In a August report, Moneycontrol Detected Convert Turtelent to a general limited company, hinting to the upcoming Red ProspeCtus project. According to what was reported, the company aims to collect approximately 20 billion rupees from the public party.
She participated in its foundation by Dhirendra Maahyavanshi and Anand Prabhudesai, TURTLEMINT facilitated the distribution of more than 16 million insurance policies covering 19,105 pin icon in India from financial years 2023 to 2025.
The company has created partnerships with more than 42 insurance companies and has more than 430,000 insurance consultants.
TURTLEMINT growth has been supported by investments from investment capital companies including Nexus Venture Partners, Jungle Ventures and Peak XV Partners (formerly Sequoia Capital India) and Blume Ventures.
In 2023, TURTLEMINT I gained the last decadeEnhance platform capabilities. BanCaedge is used in the Last Decimal, a platform that relies on the interface programming interface, by banks and insurance companies in India to provide insurance for their customers.
The TURTLEMINT business model serves various entities including banks, insurance companies, e -commerce platforms and distributors, providing them with comprehensive solutions to facilitate the sale of insurance products.
In addition, access to a set of financial products such as investment funds and loans.
“Insurtech Company TurtleMint, the public subscription file papers in India” were originally created International Life InsuranceThe brand owned by Globaldata.
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