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FinTech

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,…



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