Turtlemint Acquires IOPhysics Data Analytics Platform
Insurtech startup Turtlemint has acquired IOPhysics, a Pune-based cloud data analytics platform that serves data scientists and engineers in enterprises and small businesses.
IOPhysics Founder and CEO Ashish Gavali will then join the Turtlemint team as Vice President of Data Science and Engineering, with the rest of the team joining Turtlemint's Technology and Data Sciences.
Founded in 2015, Turtlemint has a hybrid (online-offline) model that provides insurance consultants across the country with digital tools to quickly navigate complex offline sales processes at scale.
The Tana-based company has 3.5 million customers and 125,000 consultants on its platform and has already raised $69 million from Blume Ventures, GGV Capital, Sequoia Capital India, Nexus Ventures, Jungle VC, SIG, Amfam, and MassMutual Ventures. I raised money.