Entity

Turtlemint

Turtlemint is an online insurance platform that allows users to compare and purchase insurance policies. It is a subsidiary of PB Fintech, which also owns Policybazaar.

Why it’s in the news: It is in the news due to a significant drop in its market value following IRDAI's proposed commission caps on insurance sales.

Latest on Turtlemint

  • New-Age Tech Stocks Extend Slide, Turtlemint Slumps Another 20% This Week
  • PB Fintech Sheds Over ₹34K Cr In M-Cap In 3 Sessions, Turtlemint Loses ₹1,549 Cr
  • Policybazaar, Turtlemint Feel The Squeeze
  • Turtlemint Crashes Another 20%, PB Fintech Falls 8% On IRDAI’s Proposed Commission Caps
  • PB Fintech crashes 36%, Turtlemint 20% as IRDAI overhaul rattles insurance stocks
  • PB Fintech Crashes 26%, Turtlemint Hits Lower Circuit On IRDAI Commission Cap Plan
  • Insurtech startup Turtlemint has raised ₹397.2 Cr from anchor investors. The platform allotted 2.61 Cr equity shares to anchor investors

Connections

19 entities linked to Turtlemint across the news graph.