Turtlemint Files Confidential DRHP with SEBI for IPO

Turtlemint Fintech Solutions, founded in 2015 by Dhirendra Mahyavanshi and Anand, has filed a DRHP with SEBI for an IPO. Backed by Peak XV, Nexus Venture Partners, Amansa Capital, and Jungle Ventures, the platform distributed 1.6 Cr+ policies across 19,105 pin codes (FY23–FY25). With 4L+ PoSPs, partnerships with 42+ insurers, and 4.3L+ trained advisors, the IPO aims to strengthen its footprint in India’s digital insurance market.