Angel One and Olympus Capital-backed LivWell to form a joint venture in an INR4bn deal.

Angel One, a FinTech platform, and Olympus Capital-backed LivWell, an Insurtech platform, agreed to form a joint venture, in an INR4bn deal. Angel One will hold a 26% equity stake, while LivWell will hold a 74% equity stake in the proposed joint venture entity. "This partnership also deepens our offerings across the financial lifecycle—bringing us closer to delivering a seamless, end-to-end experience across savings, investing, and protection. The products sourced from this JV will help strengthen our digital distribution framework for the protection segment, further fortifying our long-term association with our clients,” Ambarish Kenghe, Angel One Limited Group CEO.