本次融资由Sequoia India领投，现有投资者Nexus Venture Partners和Blume Ventures跟投。
Turtlemint, a technology platform in the insurance distribution space, has closed a $25 million funding round led by Sequoia India, with participation from existing investors Nexus Venture Partners and Blume Ventures.
This Mumbai-based three year-old startup will use the funds to further scale up their digital network across India.
Turtlemint provides recommendations to customers based on proprietary algorithms and data analytics. It caters to nearly 25,000 licensed insurance experts (PoSP’s), across 700 cities, to help customers select and complete their insurance purchase using their proprietary MintPro app.
This model has helped Turtlemint to provide insurance for customers and has widened career opportunities for insurance agents across Tier II cities in India.