Angel One, India’s leading listed fintech platform, is forming a partnership with LivWell, a Singapore-based insurtech platform backed by Olympus Capital, to establish a digital-first life insurance joint venture.
Trilegal is advising Angel One on the formation of this joint venture.
The transaction team is led by Sanjam Arora (Corporate Partner), who is supported by a core team comprised of Averal Sibal (Senior Associate) and Madhav Nakra (Associate).
Financial regulatory Partner Anubhav Ghosh is also advising on the transaction and is supported by Drishti Kapadia (Senior Associate).
JSA Advocates & Solicitors is advising LivWell on the formation of this joint venture.
The transaction team is led by Sidharrth Shankar (Partner) and Shivangi Sharma Talwar (Partner), with support from Aditya Vardhan Dayal (Principal Associate), Pallov Upadhyay (Senior Associate), Eksha Narayan (Senior Associate), Jatin Oberoi (Senior Associate) and Aashreya Kodesia (Associate).
LivWell is a Singapore-based Insurtech platform that focuses on lifestyle and wellness, seamlessly integrating everyday health management with simple and accessible insurance solutions. With operations in Vietnam and India, LivWell empowers individuals to lead healthier lives while accessing protection through its tech-enabled ecosystem.
Angel One is planning to invest ₹400 crore in this life insurance JV with LivWell.
The proposed joint venture will prioritise technology-driven automation and personalisation to deliver insurance solutions that are affordable, accessible, and aligned with real-world customer needs.
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