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.
- The deal is expected to close pending customary conditions.
Strategic rationale
Insurtech platform acquires Pune-based startup to strengthen technology infrastructure capabilities.
Deal terms & multiples
Frequently asked questions
When did Turtlemint announce the acquisition of IOPhysics Systems?
Turtlemint announced the acquisition of IOPhysics Systems on November 20, 2021.
What sub-sector is IOPhysics Systems in?
IOPhysics Systems is tracked in the Insurtech sub-sector.
Sources
- inc42.com /infocus/funding-galore/funding-galore-over-400-mn-raised-by-indian-startups-this-week/