Turtlemint is expected to file its draft red herring prospectus soon. The firm is looking to raise up to Rs 2,000 crore through the share sale
The firm intends to use the fresh funds to expand in new geographies, scale leadership and strengthen product stack.
Indian insurtech players are set to benefit from the huge opportunity that the country’s underpenetrated market provides. Digital insurance players are making it easier for customers to understand and buy insurance within IRDAI’s regulatory framework.