Abu Dhabi’s ADIA to infuse $83m in India's Aditya Birla Health Insurance

Abu Dhabi’s ADIA to infuse $83m in India's Aditya Birla Health Insurance

The insurance arm of Aditya Birla Group, Aditya Birla Health Insurance (ABHI), said it is raising $83 million from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA).

ABHI is a 51-49 joint venture between Aditya Birla Capital Limited (ABCL) and Momentum Metropolitan Strategic Investments, a wholly owned subsidiary of South African-based Momentum Metropolitan Holdings Limited (MMH).

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter