The IPO will comprise a fresh issue of equity shares worth up to INR 660.7 Cr and an offer-for-sale (OFS) component of up to 2.86 Cr shares
Cofounders Prabhudesai and Mahyavanshi, along with investors Nexus Ventures, Peak XV Partners, Jungle Ventures, among others will offload shares via the OFS
Turtlemint filed confidential DRHP with the SEBI in September last year, and the markets regulator gave its approval for the public issue in December
Insurtech soonicorn Turtlemint has filed an updated draft red herring…

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