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ICICI Prudential Life Insurance started its operations in 2001. The life insurance arm was established as a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited [10] with assets under management (AUM) of approx. ₹ 1 billion (US$12 million). [11] In 2005, the company crossed the mark of 1 million policies. [12]
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ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai with a registered office in Vadodara.It offers a wide range of banking and financial services for corporate and retail customers through various delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management.
HDFC ERGO General Insurance Company Limited is an Indian insurance company. It is a joint venture firm between HDFC and ERGO International AG. It is one of the insurance entities of the Munich Re Group in Germany operating in the insurance field under the BFSI sector. [2]
ICICI Lombard General Insurance is the largest private-sector general insurance company in India. [5] In a 2016 fiscal, ICICI Bank sold a 9.0% stake in ICICI General to its joint venture partner, Fairfax Financial Holdings, at a company valuation of ₹ 172.25 billion (equivalent to ₹ 250 billion or US$2.9 billion in 2023). [6]
ICICI Prudential Mutual Fund is an Indian asset management company founded in 1993 as a joint venture between ICICI Bank and Prudential plc. [4] It is the second-largest asset management company in India after the SBI Mutual Fund .
3i Infotech Ltd (established as ICICI Infotech Ltd) is a global information technology company headquartered in Navi Mumbai, India.Founded in 1993, it provides a comprehensive range of IT services, including digital transformation, cloud services, cybersecurity, and application development, across various industries such as BFSI (Banking, Financial Services, and Insurance), healthcare ...
The company was incorporated in 1999, under the Companies Act, 1956 as a wholly owned subsidiary of ICICI Bank. [11] [12] It was created by ICICI Bank to focus as a separate entity dedicated to provide housing finance. [13] ICICI HFC is registered with National Housing Bank.