India:InsurTech platform Turtlemint raises US$30m in new funding

InsurTech platform Turtlemint, which enables financial advisors to offer insurance products to customers digitally, has raised $30m in a funding round led by global venture capital firm GGV Capital.

 New investors American Family Ventures, MassMutual Ventures and SIG, along with existing investors Sequoia Capital India, Blume Ventures, Nexus Venture Partners, Dream Incubator and Trifecta Capital participated in the round, reported Moneycontrol.