Turtlemint slipped into the red in the financial year ended March 2025. The insurtech startup posted a net loss of INR 47.1 Cr in FY25 as against a profit of INR 7.4 Cr in the previous year
The Mumbai-based startup’s operating revenue jumped 33.6% to INR 674.5 Cr from INR 505 Cr in FY24
Meanwhile, Turtlemint’s total expenditure grew 45.7% to INR 723.6 Cr in FY25 from INR 496.7 Cr in the previous fiscal year
In the run-up to its IPO, Turtlemint’s insurance arm, Turtlemint Insurance, slipped into the red in the…

![[CITYPNG.COM]White Google Play PlayStore Logo – 1500×1500](https://startupnews.fyi/wp-content/uploads/2025/08/CITYPNG.COMWhite-Google-Play-PlayStore-Logo-1500x1500-1-630x630.png)