Turtlemint Confidentially Files IPO Papers With SEBI

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SUMMARY

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…



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Turtlemint Confidentially Files IPO Papers With SEBI


SUMMARY

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…



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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