Peak XV-Backed Turtlemint Gets SEBI Nod For IPO

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SUMMARY

The markets regulator issued its observation letter to Turtlemint, along with six other companies, in the week ended December 12

Turtlemint confidentially filed its draft red herring prospectus (DRHP) with the regulator in September

While the size of the public issue would be clear after the startup files its updated DRHP, the issue is said to be in a range of $200 Mn to $250 Mn

Over three months after pre-filing its IPO papers, insurtech soonicorn Turtlemint has…



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Peak XV-Backed Turtlemint Gets SEBI Nod For IPO


SUMMARY

The markets regulator issued its observation letter to Turtlemint, along with six other companies, in the week ended December 12

Turtlemint confidentially filed its draft red herring prospectus (DRHP) with the regulator in September

While the size of the public issue would be clear after the startup files its updated DRHP, the issue is said to be in a range of $200 Mn to $250 Mn

Over three months after pre-filing its IPO papers, insurtech soonicorn Turtlemint has…



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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