Insurance distribution in India is getting a digital upgrade.

Turtlemint has raised $120M (~₹995 Cr) in a funding round led by Amansa Capital Pte. Ltd. with participation from existing investors.

Founded in 2015 by Dhirendra Mahyavanshi and Anand Prabhudesai, the Mumbai-based startup is building a digital platform that helps insurance agents sell and manage policies online.

The funds are being used to expand its distribution network, strengthen technology, and scale insurance access across India.

• Platform used by over 100,000 insurance advisors
• Works with multiple insurance providers across India

Why this matters:

Insurtech startups are digitising one of India's most traditional industries insurance distribution.

:

Will digital platforms replace traditional insurance agents in the future?