Tech Company Financing Transactions
Turtlemint Funding Round
Turtlemint closed a $120 million Series E funding round on 4/30/2022. Investors included Amansa Capital, Jungle Ventures and Nexus Venture Partners.
Transaction Overview
Company Name
Announced On
4/30/2022
Transaction Type
Venture Equity
Amount
$120,000,000
Round
Series E
Investors
Amansa Capital (Lead Investor)
Jungle Ventures (Lead Investor)
Nexus Venture Partners (Lead Investor)
Proceeds Purpose
Turtlemint will use the funds to expand to new geographies -- particularly the Middle East and Southeast Asia -- and invest in its distribution, underwriting, and claims technology.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
303 Cosmos Mary Park 116 /B Kolbad
Thane (West), 400601
India
Thane (West), 400601
India
Phone
Website
Email Address
Overview
Operator of an online insurance platform intended to help with the process of buying and managing insurance policies. The company's platform provides recommendations of insurance to customers based on proprietary algorithms and data analytics and offers a network of offline facilitators to help complete the insurance purchase and provide claims assistance, enabling clients to choose the correct insurance scheme.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dhirendra Mahyavanshi
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We report on every notable VC transaction. VC investment data records on this site come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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