Turtlemint Fintech Solutions launched the 'Naye India Ka Naya Digital Partner' brand campaign on September 1, 2026, highlighting its network of 691,000+ advisors. The company also reported FY26 revenue growth of 57% and its first profitable quarter.

The campaign celebrates the entrepreneurial journeys of six digital partners from diverse backgrounds, including women and first-generation entrepreneurs. It aims to support the vision of Insurance for All by 2047 by expanding access to financial protection across 19,000+ pincodes.

Financial Performance

Turtlemint’s platform premium grew 31% year-on-year to ₹3,868 crore in FY26. Revenue from operations increased 57% year-on-year to ₹1,098 crore. The company recorded its first-ever profitable quarter in Q4 FY26.

Network Expansion

The company added more than 1.15 lakh digital partners during FY26, bringing the total network to over 6.5 lakh partners. As of June 30, 2026, Turtlemint operates through India’s largest certified network of over 550,000 registered Point of Sale Persons (PoSPs). It partners with 46 insurers and has facilitated the sale of more than 30 million insurance policies to date.

What the Numbers Show

Revenue from operations grew at a significantly faster pace (57%) than platform premium (31%). This divergence suggests an improvement in the company’s take rate or monetization efficiency per unit of premium processed, contributing to the reported profitability in Q4 FY26.

Turtlemint Fintech Solutions approved the appointment of M/s. SG & Associates as its secretarial auditor and ratified modifications to its employee stock option scheme during a board meeting on August 31, 2026. The resolutions require shareholder approval at the upcoming annual general meeting.

The company appointed SG & Associates, a Mumbai-based firm holding Peer Review Certificate No. 7492/2025, for a five-year term covering financial years 2026-27 through 2030-31. The Audit Committee recommended the appointment, which also includes the fixation of remuneration.

ESOP Scheme Modifications

The board ratified and modified the "Turtlemint Fintech Solutions Limited Employees Stock Option Scheme - 2025". Key changes include extending eligibility to employees of group companies, including subsidiaries and associate companies. The total number of options that may be granted under the scheme shall not exceed 1,21,93,045.

The amendments introduce several operational adjustments:

• Eligibility now extends to employees of the company’s group companies, subsidiaries, and associate companies.
• The Committee, upon recommendation by the CMD and COO, will approve eligible employees for grants.
• Acceptance of grants is deemed automatic unless an employee rejects it within 30 days.
• The exercise period begins after vesting and continues until employment ends, with no option vesting before one year from the grant date or four years from listing.
• Nominees of deceased employees can exercise options within 365 days, extended from the previous 180-day limit.

The scheme mandates compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, using the fair value method for accounting. Compensation costs will be booked over the vesting period.

Annual General Meeting

The company will convene its 11th Annual General Meeting on September 24, 2026, at 4:00 pm via video conferencing or other audio-visual means. The AGM notice will seek approval for the secretarial auditor appointment and the modified ESOP scheme details.