Turtlemint files RHP for Rs 883 Cr IPO; sets price band at Rs 144-152
Summary
Turtlemint has filed its red herring prospectus for an IPO and set a price band of Rs 144-152 per share. The issue is expected to raise about Rs 883 crore through a mix of fresh issuance and an offer for sale by founders and investors. The company plans to direct a large share of the proceeds toward technology and product development, along with cloud infrastructure and marketing. Turtlemint also reported strong revenue growth for the first nine months of FY26, though losses widened during the period.
Funding
Amount
$106.4M
Total raised
Date
June 15, 2026
Announcement date
Investors
Dream Incubator, Blume Ventures
Lead investors
Company
turtlemint.com
Funded company
Classifications
industries
Fintech & Banking
applications
Sales and Marketing
AskAI Classifications
Labels
SaaS
Insurtech Software
API Platform
Linked Companies
Turtlemint
$1M to $5M