Turtlemint Fintech Solutions IPO

The price band is ₹144-152 per share with a lot size of 98 shares. Minimum investment: ₹14896.

Turtlemint Fintech Solutions Limited is a technology-enabled distributor of financial products with a primary focus on insurance. The company operates proprietary technology platforms that connect Digital Partners, Insurer Partners and customers, helping facilitate the sale and distribution of insurance and other financial products. Its wholly owned subsidiary, Turtlemint Insurance Broking Services Private Limited (TIB), is a composite insurance broker, while Turtlemint Mutual Funds Distributors Private Limited (TMF) distributes mutual fund products. The company’s offerings include health, life and motor insurance, along with mutual funds, personal loans, business loans and credit cards. Turtlemint follows an asset-light business model and generates revenue mainly from commissions, rewards and fees received from insurer partners, asset management companies and other financial service providers for distributing their products. It does not earn revenue directly from customers. A nationwide network of Digital Partners and technology-driven distribution infrastructure supports its business.  Discuss on Trading Q&A

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Turtlemint Fintech Solutions was founded by Mr Dhirendra Nalin Mahyavanshi in 2015.