About Turtlefin
Turtlefin is a company based in Thane (India) founded in 2015. It operates as a SaaS, and B2B. The company has 720 employees as of March 31, 2023. Turtlefin has completed 1 acquisition, including Last Decimal. Turtlefin offers products and services including DigitalCore Platform, Sales Certification Platform, and OneAPI Services. Turtlefin operates in a competitive market with competitors including Wefox, Stubben Edge, Zywave, Keystone Agency Partners and Sixfold, among others.
- Headquarter Thane, India
- Employees 720 as on 31 Mar, 2023
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Sectors
Financial ServicesTechnology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Turtlemint Fintech Solutions Limited
- Date of Incorporation 07 Apr, 2015
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$55.32 M (USD)50.87as on Mar 31, 2023
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Net Profit
$-34.65 M (USD)-71.79as on Mar 31, 2023
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EBITDA
$-37.74 M (USD)-82.99as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
720
as on Mar 31, 2023
- Investments & Acquisitions
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Products & Services of Turtlefin
Turtlefin offers a comprehensive portfolio of products and services, including DigitalCore Platform, Sales Certification Platform, and OneAPI Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
White-labelled platform for retail and group insurance products
Tool for POSP sales team learning and performance enhancement
APIs for embedding insurance in e-commerce journeys
Funding Insights of Turtlefin
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Turtlefin
Turtlefin has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Last Decimal. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Embedded insurance solutions are provided to companies for integration.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Turtlefin
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Turtlefin Comparisons
Competitors of Turtlefin
Turtlefin operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wefox, Stubben Edge, Zywave, Keystone Agency Partners and Sixfold, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
App-based P&C insurance comparison platform for individuals
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| domain | founded_year | HQ Location |
Cloud-based management solutions are provided for insurance brokers.
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| domain | founded_year | HQ Location |
Cloud-based agency management solutions are provided for the insurance industry.
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| domain | founded_year | HQ Location |
Insurance agency management solutions are provided to the industry.
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| domain | founded_year | HQ Location |
AI-based generative tools provider for insurance underwriters
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| domain | founded_year | HQ Location |
SME insurance portfolios are managed via an online broker platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Turtlefin
Frequently Asked Questions about Turtlefin
When was Turtlefin founded?
Turtlefin was founded in 2015.
Where is Turtlefin located?
Turtlefin is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
How many employees does Turtlefin have?
As of Mar 31, 2023, the latest employee count at Turtlefin is 720.
What is the annual revenue of Turtlefin?
Annual revenue of Turtlefin is $55.32M as on Mar 31, 2023.
What does Turtlefin do?
Turtlefin is a technology company that simplifies digital insurance distribution through white-labelled platforms, API services, and training tools. It enables banks, insurers, and enterprises to sell and integrate insurance products efficiently. Based in Mumbai, India, it has completed over 50 projects, integrated 100 plans, and serves clients across life, health, and motor insurance sectors.
Who are the top competitors of Turtlefin?
Turtlefin's top competitors include Wefox, Stubben Edge and Agentero.
What products or services does Turtlefin offer?
Turtlefin offers DigitalCore Platform, Sales Certification Platform, and OneAPI Services.
How many acquisitions has Turtlefin made?
Turtlefin has made 1 acquisition, including Last Decimal.