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TURTLEMINT INSURANCE BROKING SERVICES PRIVATE LIMITED

Turtlemint

U66000MH2013PTC249565

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Jan 17, 2025
Key Metrics
  • No. of Employees1501
  • Founded Year 2015
  • Company StagePrivate Limited Company
  • Total Funding₹1,881.11 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Turtlemint
Turtlemint is an online insurance platform that aims to ease the process of buying and managing insurance policies. Turtlemint makes it easy to understand and buy insurance. Their intent is 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!
Business Model

Turtlefin provides quoting software for insurance and mutual fund distributors, aiding them in digitizing their sales and services. Its product suite includes DigitalCore, a white-labeled platform for retail and group insurance products, Sales Certification for managing and certifying sales teams, and OneAPI Services offering APIs for embedding insurance and non-insurance products into e-commerce journeys.

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Turtlemint Funding Details
Funding Highlights
Latest Funding RoundSeries E
Total Funding Raised₹1,881.11 Cr
No. of Investments Made0
Total No. of Acquisitions1
Lead Investors3
Investors
  • Nexus Venture Partners, Peak XV Partners, Jungle Ventures
Note:

The shareholding pattern and the valuation mentioned here pertain to the company’s main entity Fintech Blue Solutions Private Limited.

Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Acquisition Company Done
Detailed report about the Acquistions the company has done till date.
₹499.00 ₹998.00
Turtlemint Financial Details
Financial Highlights
FY 2023-24 Revenue₹506.53 Cr
FY 2023-24 Expenses₹497.94 Cr
FY 2023-24 Profit/Loss₹6.22 Cr
Net Cash Flow From Operations-₹19.5 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Turtlemint Key People
People Metrics
Current Core Team2
Board Members/Directors2

Core Team

DM
Dhirendra MahyavanshiCo-Founder
AP
Anand PrabhudesaiCo-Founder

Board Members/Directors

DM
Dhirendra MahyavanshiDirector
VD
Vilas Dattatraya GandreDirector
Turtlemint Documents

AY - 2020-21

Profit and loss statement - Turtlemint - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Turtlemint for FY 2020-21
₹249.00 ₹498.00
Balance sheet - Turtlemint - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Turtlemint for FY 2020-21
₹249.00 ₹498.00

AY - 2021-22

Profit and loss statement - Turtlemint - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Turtlemint for FY 2021-22
₹249.00 ₹498.00
Balance sheet - Turtlemint - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Turtlemint for FY 2021-22
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - Turtlemint - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Turtlemint for FY 2022-23
₹249.00 ₹498.00
Balance sheet - Turtlemint - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Turtlemint for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Turtlemint - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Turtlemint for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Turtlemint - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Turtlemint for FY 2023-24
₹249.00 ₹498.00

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