Angel One launches life insurance joint venture with LivWell Holding

Angel One Limited has incorporated "ANGEL ONE LIVWELL LIFE INSURANCE LIMITED" on September 11, 2025, in collaboration with LivWell Holding Company Pte. Limited. This new entity will operate as an unlisted public company, engaging in the life insurance business in India, pending necessary regulatory approvals.

Angel One will subscribe to 26% of the new company's share capital, with an investment of up to INR 1.04 billion. The shares will be subscribed at face value, and Angel One will not exercise control over the new associate.

The move is intended to broaden Angel One's presence in the financial services ecosystem, complementing its existing stockbroking and investment services. The company expects this strategic expansion to drive long-term value creation for stakeholders.