The insurance comparison service will use the cash from the American Family and MassMutual-backed round for recruitment, geographic growth and technology development.
Insurance firms American Family and MassMutual have participated in a $30m funding round for India-based online insurance comparison service Turtlemint through corporate venturing subsidiaries American Family Ventures and MassMutual Ventures.
The round was led by venture capital firm GGV Capital and included Nexus Venture Partners, Dream Incubator, Sequoia Capital India, Blume Ventures and Trifecta Capital.
Turtlemint runs an online platform that allows users to compare policies from 40 different life, health or motor insurance providers. It also offers guidance through…
