Turtlemint Fintech Solutions Limited
NSE: TURTLEMINT · Financial Technology (Fintech)
Snapshot
Unlock Turtlemint Fintech Solutions Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Turtlemint Fintech Solutions Limited operates a tech-enabled insurance distribution platform connecting customers, advisors, and insurers. The company uses a phygital model to distribute retail health, life, and motor insurance products across India.
Geography mix
- NaN%
Business Model
The company generates revenue by facilitating the distribution of insurance products through a network of digital partners and certified point-of-sale persons using its proprietary Turtlemint Pro application. It partners with multiple insurance providers to offer product comparison, quote generation, and claims support.
- Platform Premium (Fiscal 2025):₹29,459.36 million
- Digital Partners:631,885
- Insurer Partners:45
Management Commentary
Management emphasizes expanding its digital footprint and strengthening its presence in underpenetrated B30+ markets through technology adoption and advisor enablement.
Growth Outlook
Growth is expected to be driven by deepening penetration in B30+ geographies, expanding the network of digital partners, and increasing the adoption of the Turtlemint Pro platform for retail insurance distribution.
- Pin codes covered:19,171
- Policies distributed (Apr 2022 - Dec 2025):21.87 million
Key Risks
- Regulatory Compliance. Changes in Insurance Regulatory and Development Authority of India (IRDAI) norms regarding digital distribution and commissions could impact operations.
- Partner Retention and Reliance. The business heavily relies on its network of digital partners and point-of-sale persons for retail insurance distribution.
- Competition. Intense competition from other fintech platforms and traditional insurance brokers may pressure margins and customer acquisition costs.
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Peers · Financial Technology (Fintech)
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Turtlemint Fintech Solutions LimitedTURTLEMINT | ₹4,014 Cr | — | — | — | -12.0% | — | — | — |
Pine LabsPINELABS | ₹21,622 Cr | 148.31 | 38.20 | — | 19.0% | 2.2% | 4.2% | — |
Moneyview LimitedMONEYVIEW | ₹10,073 Cr | — | — | — | 33.0% | — | — | — |
Manipal Payment and Identity Solutions LimitedMPIMANIPAL | ₹8,637 Cr | — | — | — | 32.0% | — | — | — |
Seshaasai Technologies LimitedSTYL | ₹5,822 Cr | 22.06 | 13.77 | — | 27.5% | 18.5% | 24.8% | -14.7% |
One Mobikwik Systems LimitedMOBIKWIK | ₹1,598 Cr | -121.13 | 38.77 | 2.7% | 3.7% | -2.2% | 2.0% | -27.9% |
As of Mar 2026
Financials
Turtlemint Fintech Solutions Limited
NSE: TURTLEMINT · Financial Technology (Fintech)
Snapshot
Unlock Turtlemint Fintech Solutions Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Turtlemint Fintech Solutions Limited operates a tech-enabled insurance distribution platform connecting customers, advisors, and insurers. The company uses a phygital model to distribute retail health, life, and motor insurance products across India.
Geography mix
- NaN%
Business Model
The company generates revenue by facilitating the distribution of insurance products through a network of digital partners and certified point-of-sale persons using its proprietary Turtlemint Pro application. It partners with multiple insurance providers to offer product comparison, quote generation, and claims support.
- Platform Premium (Fiscal 2025):₹29,459.36 million
- Digital Partners:631,885
- Insurer Partners:45
Management Commentary
Management emphasizes expanding its digital footprint and strengthening its presence in underpenetrated B30+ markets through technology adoption and advisor enablement.
Growth Outlook
Growth is expected to be driven by deepening penetration in B30+ geographies, expanding the network of digital partners, and increasing the adoption of the Turtlemint Pro platform for retail insurance distribution.
- Pin codes covered:19,171
- Policies distributed (Apr 2022 - Dec 2025):21.87 million
Key Risks
- Regulatory Compliance. Changes in Insurance Regulatory and Development Authority of India (IRDAI) norms regarding digital distribution and commissions could impact operations.
- Partner Retention and Reliance. The business heavily relies on its network of digital partners and point-of-sale persons for retail insurance distribution.
- Competition. Intense competition from other fintech platforms and traditional insurance brokers may pressure margins and customer acquisition costs.
Start your research today
Unlock AI insights, financials, peers and live data on Turtlemint Fintech Solutions Limited and 5,000+ companies — free.
Peers · Financial Technology (Fintech)
As of Mar 2026