Angel One Enters Life Insurance

  Published 8 months ago

Angel One forms JV with LivWell to launch a digital-first life insurance firm, aiming to disrupt India’s underpenetrated protection market.

  • JV to invest ₹400 crore, with Angel One holding 26% stake; targets tech-savvy, underinsured young earners in India.
  • First fintech-backed life insurer in India, focusing on automation, personalisation, and affordable digital delivery of insurance.
  • Move deepens Angel One’s full-stack finance ambition amid competition from PolicyBazaar, Acko, HDFC Life, and others.
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