Insurtech startup Turtlemint has confidentially filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI)
The filing comes months after it was reported that the Mumbai-based startup was in talks with Motilal Oswal, JM Financial, ICICI Securities and Jefferies to launch a $200 Mn to $250 Mn IPO
Turtlemint counts Jungle Ventures, Nexus Venture Partners, Vitruvian Partners, and Peak XV Partners among its backers. It last raised $120 Mn in 2022…