Turtlemint / IOPhysics Systems 2021
Turtlemint acquired IOPhysics Systems on November 20, 2021.
- Target
- IOPhysics Systems
- Acquirer
- Turtlemint
- Announced
- November 20, 2021
- Sub-sector
- Insurtech
Transaction overview
- Turtlemint announced the acquisition of IOPhysics Systems on November 20, 2021.
Strategic rationale
Insurtech platform acquires Pune-based startup to strengthen technology infrastructure capabilities.
Deal terms & multiples
Sources
- inc42.com /infocus/funding-galore/funding-galore-over-400-mn-raised-by-indian-startups-this-week/