Sequoia-backed Indian insurtech startup raises $30m in a round led by GGV Capital

Turtlemint, an India-based insurtech platform, raised US$30 million in a new financing round led by GGV Capital. Other investors include American Family Ventures, MassMutual Ventures, and SIG.

The funds raised will be used to improve Turtlemint’s technology solutions, scale its penetration of Tier 2 and Tier 3 cities, and upskill its advisors and customers through training and content.