Angel One to Infuse ₹400 Crore in Life Insurance JV with Singapore’s Livwell, to Launch Digital-First Insurer:

Angel One to Infuse ₹400 Crore in Life Insurance JV with Singapore’s Livwell, to Launch Digital-First Insurer:

Daily Current Affairs   /   Angel One to Infuse ₹400 Crore in Life Insurance JV with Singapore’s Livwell, to Launch Digital-First Insurer:

Change Language English Hindi

Category : Business and economics Published on: July 25 2025

Share on facebook

Angel One, a leading Indian brokerage firm, has announced a strategic joint venture with Singapore-based Livwell Holding Company to launch a digital-first life insurance firm in India. Angel One will invest ₹400 crore and hold a 26% stake, while Livwell will hold the remaining 74%. The venture aims to address the substantial gap in life insurance coverage across the Indian population.

Recent Post's
  • Tamil Nadu to Secure 6,486 MW Thermal Power by FY 2029–30; Additional 7,000 MW Needed by FY 2034–35.

    Read More....
  • Venus Williams Becomes Second-Oldest Female Tennis Player to Win a WTA Match.

    Read More....
  • JSW Energy Signs 25-Year PPA with BESCOM for 100 MW Solar Project.

    Read More....
  • Ajay Seth Appointed as New IRDAI Chairman.

    Read More....
  • National Committee on Herbal Safety Dossiers Convenes at AIIA, Goa.

    Read More....
  • India and UK Ink Comprehensive Economic and Trade Agreement (CETA).

    Read More....
  • India Post and NPCI International Collaborate for Cross-Border Remittances.

    Read More....
  • 17-Year-Old Unnati Hooda Defeats PV Sindhu at China Open 2025.

    Read More....
  • Anil Ambani Accused of Bribing Yes Bank Officials for ₹3,000-Crore Loans.

    Read More....
  • Nitin Gupta Takes Over as NFRA Chairperson.

    Read More....