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:

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Category : Business and economics Published on: July 25 2025

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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.

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