Angel One Ltd and LivWell Announce a Digital-First Life Insurance Joint Venture

Angel One Limited and LivWell Holding Company PTE Limited have formed a joint venture to establish a digital-first life insurance company, aiming to disrupt the life insurance sector in India with a protection-first, tech-led model. The JV is poised to be India’s first Fintech-partnered life insurance business, backed by seasoned global leaders and Olympus Capital, an Asia-focused private equity firm. The proposed company, with a capital infusion of Rs 4.0 billion, will focus on operating on a digital-first architecture, leveraging tech-driven automation and personalisation to make insurance affordable, accessible and aligned to real-life needs.