May 20, 2026
Bharti Life Ventures Private Limited, Bharti Life Insurance Company Limited and 360 ONE Private Equity funds on Prudential Corporation Holdings Limited’s proposed acquisition.
AZB & Partners acted for Bharti Life Ventures Private Limited, Bharti Life Insurance Company Limited and 360 ONE Private Equity funds on Prudential Corporation Holdings Limited’s proposed acquisition of a 75% stake in Bharti Life Insurance from Bharti Life Ventures Private Limited and 360 ONE Private Equity funds, in a transaction valued in excess of INR 3,500 crores. Bharti will continue to retain a 25% stake in the company post completion.
The transaction is amongst the largest control acquisitions in the Indian insurance sector by a foreign investor following the recent liberalisation of the FDI regime and involves Prudential’s strategic repositioning of its India insurance business.
AZB & Partners advised Bharti Life Insurance Company Limited and Bharti Life Ventures Private Limited on all aspects of the transaction, including structuring, drafting, negotiation and finalisation of the transaction documentation. This mandate was led by our Senior Partners Anil Kasturi and Niladri Maulik, with support from Counsel Rohit Dutta, Senior Associate Purvi Lhila, Associates Nitin Kumar Verma, Maitreyi Singh and Syed Mohd Waquar, and the Competition Law aspects were advised by our Senior Partner Hemangini Dadwal, Senior Associate Ojasvi Mishra and Associates Palak Jagetia and Aryan Naagar.
The Firm also advised 360 ONE Private Equity funds on all aspects of the transaction, including structuring, drafting, negotiation and finalisation of the transaction documentation, on the sale of their stake in Bharti Life Insurance Company Limited to Prudential. This mandate was led by our Senior Partner Nandita Govind and Partner Anshuman Vikram Singh, along with Senior Associate Mohit Sharma.