Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Angel One Partners Singapore’s Livwell To Float Digital-First Insuranc...
Angel One, a leading fintech platform, has partnered with Singapore's LivWell (backed by Olympus Capital) to launch a digital-first life insurance company in India. This joint venture aims to infuse ₹400 crore, with Angel One contributing 26% (₹104 crore) and LivWell holding 74%. The collaboration targets India's significant 83% protection gap, focusing on young earners through a technology-driven, digital-first approach. Former Prudential Asia CEO Wilf Blackburn is proposed as chair, and Nikhil Verma as CEO. This strategic move expands Angel One's financial services portfolio, aligning with the "Insurance for All by 2047" vision and leveraging digital distribution.