Turtlemint’s B2B vertical Turtlefin acquired insurtech SaaS startup Last Decimal

Share via:

Turtlemint’s B2B vertical Turtlefin has acquired insurtech SaaS startup Last Decimal for an undisclosed amount.

Decimal is a SaaS-based insurtech platform that assists insurance companies in expanding their reach and revenue in the aforementioned segment. With the addition of Last Decimal’s existing customers, the acquisition will assist Turtlefin in expanding its bancassurance business. A bancassurance business connects banks with insurance companies, assisting these companies in selling products and services to the bank’s customers. The startup claims to be working with Indian and Middle Eastern banks, insurers, brokers, and ecommerce players. According to a report, the country’s insurtech sector is anticipated to have a market opportunity of $616 billion by 2025.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Turtlemint’s B2B vertical Turtlefin acquired insurtech SaaS startup Last Decimal

Turtlemint’s B2B vertical Turtlefin has acquired insurtech SaaS startup Last Decimal for an undisclosed amount.

Decimal is a SaaS-based insurtech platform that assists insurance companies in expanding their reach and revenue in the aforementioned segment. With the addition of Last Decimal’s existing customers, the acquisition will assist Turtlefin in expanding its bancassurance business. A bancassurance business connects banks with insurance companies, assisting these companies in selling products and services to the bank’s customers. The startup claims to be working with Indian and Middle Eastern banks, insurers, brokers, and ecommerce players. According to a report, the country’s insurtech sector is anticipated to have a market opportunity of $616 billion by 2025.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Why vector databases are having a moment as the...

Vector databases are all the rage, judging by...

Notable Capital’s Hans Tung on the state of VC...

To some investors, “down round” is a dirty...

Mamaearth Parent To Amalgamate Two Subsidiaries With Itself To...

SUMMARY Honasa’s board approved the amalgamation of two of...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!