Turtlemint In Talks With Bankers For $200-250 Mn IPO: Report

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SUMMARY

As per Mint, the startup is expected to hit the Dalal Street by October this year and would file its draft papers with the Securities and Exchange Board of India (SEBI) within two months

Turtlemint is in discussions with four bankers – Motilal Oswal, JM Financials, ICICI Securities and Jefferies – to help manage the IPO

As per Tofler, Turtlemint’s total income increased 3X to INR 507 Cr from INR 157 Cr it posted in FY23

Insurtech startup Turtlemint, which counts Jungle Ventures, Nexus Venture Partners,…



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Turtlemint In Talks With Bankers For $200-250 Mn IPO: Report


SUMMARY

As per Mint, the startup is expected to hit the Dalal Street by October this year and would file its draft papers with the Securities and Exchange Board of India (SEBI) within two months

Turtlemint is in discussions with four bankers – Motilal Oswal, JM Financials, ICICI Securities and Jefferies – to help manage the IPO

As per Tofler, Turtlemint’s total income increased 3X to INR 507 Cr from INR 157 Cr it posted in FY23

Insurtech startup Turtlemint, which counts Jungle Ventures, Nexus Venture Partners,…



Source link

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.

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