M&M to enter life insurance market via 50:50 JV with Manulife
Mumbai: Mahindra & Mahindra (M&M), India’s biggest SUV maker with diversified interests, would now enter the life insurance business through a 50:50 joint venture with Canada-based financial services group Manulife. This would be the second Mahindra partnership with the global insurer after their 2020 asset management tie-up. Under the agreement, both partners will commit up…