Mahindra and Manulife Insurance JV Moves Ahead; Gets Approval from Ministry of Corporate Affairs
Manulife and Mahindra have secured incorporation approval from India's Ministry of Corporate Affairs for their joint venture, Mahindra Manulife Insurance Limited. The 50:50 partnership was originally announced in November 2025, and this regulatory step confirms the legal formation of the entity.
Key figures
- Manulife agents
- 106000
- Ownership split
- 50:50
- Mahindra employees
- 324000
- Manulife customers
- 37000000
- Manulife employees
- 37000
AI analysis
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