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Turtlefin Insurtech Acquires Last Decimal Recently

To Know About Turtlefin

Turtlefin is a privately held company headquartered in Thane, Maharashtra. It is basically a financial service company which serves as a modern and digital insurance company for it’s customers. The company provides quotes, sales and renewal management system for insurance and mutual fund distributors. The firm was founded  in 2015, and has an aim to make it easy to understand and buy insurance for it’s customers by providing smart tools to help users make the right choice.

As per the reports and analysis from VC Circle, Turtlefin acquired Last Decimal to scale up its footprint in the InsurTech space recently.

Last Decimal provides an API-driven platform BancaEdge to its customers, which are large banks and insurers in India. Its clients can provide insurance to their disparate customer segments by tapping into this platform.

The company has an omnichannel model which empowers insurance advisors all around the regions of the country with digital tools to navigate the entire selling process quickly.

What Are The Views Of Leading Members Of The Firm On This

Dhirendrashi, Turtlefin’s cofounder, said, “This acquisition will further strengthen our bancassurance technology offering by making us the clear leader with 16 top banks in Asia present in our clientele and will unlock exponential growth opportunities for us.”AS Narayanan, chief executive officer of Last Decimal, added, “As an InsurTech player, Turtlefin and Last Decimal have a shared vision of growth for our customers and InsurTech segment. We will generate strong synergies and accelerate innovation through this collaboration, which will enable us to empower the InsurTech growth story in India.”

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