This article contains promotional content. (March 2021) |
Company type | Joint venture |
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Industry | Financial services |
Founded | 2002 |
Headquarters | Gurgaon, Haryana |
Area served | India |
Key people | Mr. Asit Rath(Managing Director & Chief Executive Officer) |
Services | |
Parent | Aviva plc Dabur |
Website | www |
Aviva India is an Indian life assurance company. It is a joint venture between Aviva plc, a British assurance company, and Dabur Group, an Indian conglomerate. Aviva began operations in July 2002 as a joint venture with Dabur Group, one of India's oldest business houses. As per the Indian insurance sector regulations, Aviva plc has a 49% stake, and Dabur has a 51% stake in the JV partnership. On 22 Sept 2022, Aviva announces that it has acquired additional 25% stake from Dabur, therefore the joint venture stood at Aviva plc. with 74% stake and Dabur with 26% stake.