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Turtlemint moves closer to public markets with SEBI filing
Turtlemint submits IPO documents to SEBI, targeting a ₹2,000 crore fundraise.
Turtlemint has filed draft IPO papers with market regulator SEBI, aiming to raise around ₹2,000 crore through a public issue. The insurtech platform plans to use proceeds for business expansion, technology investments, and strengthening distribution. The proposed IPO includes a fresh issue and offer for sale by existing shareholders. Market participants view the filing as another milestone for India’s growing digital insurance ecosystem.