What is Tortoise's current shareholding pattern?

Founders (largest shareholder) own 59.77%, Funds own 25.55%, Angels own 3.91% and ESOP Pool own 10.66%.

What is the founders' net worth of Tortoise?

Tortoise's founders' net worth is 71.3Cr.

How much stake do funds have in Tortoise?

Funds hold 25.55% of Tortoise's total shareholding.

Tortoise - 2026 Latest Shareholding & Valuation

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Founders own the majority of Tortoise's shares, accounting for 59.77%, while Fund hold 25.55%, ESOP hold 10.66%, Angel hold 3.91% and Other Investors hold 0.11%. Tortoise's current valuation is $14.5M and the founders' net worth in Tortoise's shareholding is 71.3Cr. The cap table displayed below is for TORTOISE SYSTEMS PRIVATE LIMITED which is the legal entity associated with Tortoise.

Here is the equity structure of Tortoise as per the latest Cap Tables:

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	59.77%	71.3Cr	7591029	9007630	2862174	2049024
Vardhan Koshal	9902688	3871340	5986976	3546005	3333386	3026239
Surya Harsha Nunnaguppala	8129724	8812729	7026055	5360282	1593749	4288671
Nikhil Joy	4009763	1436666	9809512	3433005	6044186	5630355
Fund	25.55%	30.5Cr	9835922	9842494	5269755	3255816
Vertex Ventures	5672719	8695395	2905521	6520300	3921504	2023514
Better Capital	5478237	4942152	4440353	3200959	5735327	6715221
Angel	3.91%	4.67Cr	271	349	241	845
Ganesh Rengaswamy	0	0	0	0	0	0
Sri Harsha Majety	0	0	0	0	0	0
Elizabeth Chapman	0	0	0	0	0	0
ESOP Pool	10.66%	12.7Cr	8467711	5800760	8351476	6232544
Other Investors	0.11%	13.1L	0	0	0	0
Total	100.00%	119Cr	8499280	1533673	2040587	4929165

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Here is how Tortoise's shareholding has changed after each funding round:

Founder
Fund
Enterprise
Angel
Other People
ESOP Pool
Parent Entity
Other Investors

Shareholders	Angel Nov 23, 2022	Angel 2 Jun 01, 2023	Seed 3 Oct 08, 2022
Founder	59.8%	59.8%	59.9%
Fund	25.6%	25.5%	25.6%
Parent Entity	-	-	-
Angel	3.9%	3.9%	3.8%
Other People	-	-	-
ESOP Pool	10.7%	10.7%	10.7%
Enterprise	-	-	-
Other Investors	-	0.1%	-
Total	100.0%	100.0%	100.0%