Mahindra Finance enters into JV with Manulife
21st Jun 2019

Mahindra & Mahindra Financial Services (Mahindra Finance) through its subsidiary, Mahindra Asset Management Company has entered into a joint venture (JV) with the leading global financial services group, Manulife. The 51:49 joint venture aims to expand the depth and breadth of fund offerings and retail fund penetration in India.

The joint venture brings together Mahindra’s domestic market strength and track record of successfully building businesses focused on meeting customer needs, with Manulife’s global wealth and asset management capabilities and richness of experience in servicing the needs of Asian consumers, across developed and developing markets.

Mahindra Finance one of India’s leading non-banking finance companies.