- CEO
- Dhirendra Nalin Mahyavanshi
- Full Time Employees
- 1,173
- Sector
- Finance
- Industry
- Insurance brokers/Services
- Address
- Mumbai India
- Business
- Turtlemint Fintech Solutions Limited is a financial technology and insurtech company that develops and operates digital insurance distribution and enterprise software platforms. Founded in 2015 and headquartered in Mumbai, India, the company provides end-to-end technology infrastructure, advisory tools, and digital aggregation solutions connecting insurance advisors, financial institutions, enterprise partners, and retail consumers across India, the Middle East, and Southeast Asia. The company operates across multiple business lines, including digital insurance broking, enterprise software-as-a-service (SaaS) platforms, and point-of-sale distribution networks.
The company provides an extensive suite of insurance products and digital advisory services, which includes: retail life insurance products comprising term life plans, unit-linked insurance plans (ULIPs), endowment policies, pension and annuity plans, and child savings plans; health insurance solutions covering individual medical policies, family floater plans, critical illness riders, senior citizen health coverage, and super top-up policies; motor vehicle insurance encompassing comprehensive and third-party liability coverage for two-wheelers, private passenger vehicles, and commercial fleet vehicles; and commercial lines insurance including group health schemes, fire and special perils coverage, marine cargo insurance, workmen compensation, and directors and officers (D&O) liability policies. Through its TurtlemintPro platform, the company provides independent insurance advisors and point-of-sale persons (PoSPs) with multi-carrier price discovery engines, instant digital policy issuance, automated client relationship management (CRM) tools, commission reconciliation, claims processing assistance, and regulatory training and certification modules. Through its enterprise technology division, Turtlefin, the company delivers cloud-based insurance distribution software, API middleware, and bancassurance workflow solutions designed for retail banks, non-banking financial companies (NBFCs), e-commerce platforms, and traditional insurance brokerages.
In recent developments, Turtlemint Fintech Solutions Limited has undertaken strategic corporate restructuring, enterprise acquisitions, geographical expansions, and bancassurance alliances. The company restructured its corporate identity and operations under Turtlemint Fintech Solutions Limited to align its governance framework for capital market initiatives and long-term public listing preparations. The company acquired IOPhysics Systems, a cloud data integration and business intelligence startup, to integrate real-time analytics, automated data pipelines, and machine-learning underwriting capabilities into its core platform. Internationally, the company accelerated the expansion of its Turtlefin SaaS platform across the Middle East and North Africa (MENA) and Southeast Asian markets, establishing strategic distribution partnerships with regional financial institutions and insurers in the United Arab Emirates and Saudi Arabia. In domestic operations, the company entered into strategic bancassurance and distribution partnerships with major financial institutions, including Federal Bank, South Indian Bank, and Karur Vysya Bank, to deploy embedded digital insurance infrastructure across branch networks. Furthermore, the company launched artificial intelligence-enabled product recommendation tools and automated end-to-end claims tracking features on its TurtlemintPro suite, while expanding carrier integrations to cover over 40 life, general, and standalone health insurance providers.