Bharti Acquires AXA's 49% Stake In Bharti AXA Life Insurance
Bharti, on Monday, said that it has acquired Bharti Life Ventures Private (BLVPL), the group's holding company of Bharti AXA Life Insurance company.
The company has completed the acquisition of its joint venture partner AXA's 49 per cent stake in the company.
Bharti and Axa have enjoyed more than 18 years of a very close and warm relationship. Under Axa’s exit, Bharti now owns 100 per cent stake in the company.
The company will chart out the future strategy, including onboarding more bancassurance partners. It also aims to stay constructive for any strategic and financial partnerships, with a clear focus on continuing to scale the business and capturing a larger share of this growing opportunity space.
_20241011180130_original_image_10.webp)
_20240925123624_original_image_48.webp)
