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Insurtech firm Turtlemint plans to expand beyond insurance after IRDAI proposed commission curbs lower agent incomes by an average of INR 1,000 per month. The company trimmed its consolidated net loss to Rs 25.8 crore in Q2 FY27 while revenue from operations surged 35% to Rs 342.2 crore. Turtlemint aims to push mutual funds and loans to offset reduced earnings.
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