Angel One Limited has incorporated a new associate company named “Angel One LivWell Life Insurance Limited” on September 11, 2025. This move is in collaboration with LivWell Holding Company Pte. Limited. Angel One will invest approximately INR 1.04 billion to subscribe to 26% of the share capital. This investment allows Angel One to expand in the broader financial services ecosystem.
New Associate Company
Angel One Limited has announced the incorporation of a new associate company, named “Angel One LivWell Life Insurance Limited,” on September 11, 2025. The corporate identification number for the new entity is U65110KA2025FLC208328. The incorporation is a collaboration with LivWell Holding Company Pte. Limited, indicating a strategic move to broaden Angel One’s service offerings.
Strategic Investment
Angel One will invest approximately INR 1.04 billion to subscribe to 26% of the share capital of the new life insurance company. This investment will be made at face value. The investment is subject to approvals.
Industry Expansion
This investment will enable Angel One to expand its presence in the broader financial services ecosystem, complementing its existing business and driving long-term value creation for all stakeholders. The new company will engage in life insurance business in India. It will be an unlisted public company.
Source: BSE
