Aviva India

Aviva India
Company typeJoint venture
IndustryFinancial services
Founded2002
HeadquartersGurgaon, Haryana
Area served
India
Key people
Mr. Asit Rath(Managing Director & Chief Executive Officer)
Services
ParentAviva plc
Dabur
Websitewww.avivaindia.com

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.