The Head and Tale

Turtlemint raises Rs 397 crore from anchor investors (opens in new tab)

Insurtech platform Turtlemint has raised Rs 397.2 crore from anchor investors, with ICICI Prudential Equity & Debt Fund, ICICI Prudential Life Insurance and Mirae Asset among the largest participants, ahead of the opening of its initial public offering (IPO).The company allotted 2.61 crore equity shares to anchor investors at Rs 152 apiece, the upper end of its IPO price band.The anchor round also saw participation from Amansa Holdings, Border to Coast Emerging Markets Equity Fund, Societe Ge...

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