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360 ONE Asset buys 15% of Bharti AXA
Which is expected to boost its market presence in India.
360 ONE Asset announced that it will acquire a 15% stake in Bharti AXA Life Insurance.
The investment aims to support Bharti AXA’s growth plans, expand its product offerings, and strengthen its distribution network.
Bharti AXA Life Insurance, a wholly owned entity of Bharti, said the transaction is subject to regulatory approvals.
The company expects the investment to accelerate its efforts to meet evolving consumer demands and expand its market presence in India.
Parag Raja, Managing Director and CEO of Bharti AXA Life Insurance, said the investment reflects confidence in the company’s business model and long-term growth strategy. He added that the partnership with 360 ONE Asset will help drive innovation and enhance customer service.