Bharti Enterprises on Sunday announced that Prudential plc has agreed to acquire a 75% stake in Bharti Life Insurance Company Limited from Bharti Life Ventures Pvt Ltd.Bharti Life’s strong local presence, combined with Prudential’s established insurance expertise, is expected to expand access to life and health protection solutions across the country, supported by the combined brand strength and operational capabilities of both organizations, the company said in a release.Also read: Sunil Bharti Mittal to hand over Airtel to his children in 10 yrs, desires Bharti Telecom regains 51% stake in co ET had earlier reported that the Bharti Group is in talks to sell a majority stake of its life insurance business to Prudential Plc in a deal that could value the unit at around ₹7,000-8,000 crore. The proposed valuation showed a sharp jump from last year, when a 15% stake sale to 360 One implied a valuation of 3,000 crore, or about 1.1 times the embedded value (EV).However, the completion of the transaction remains subject to the receipt of regulatory approvals and the satisfaction of other conditions."We are delighted to welcome Prudential Plc as the controlling shareholder of Bharti Life, further accelerating its growth trajectory. Prudential’s experience and global scale, combined with Bharti’s strong track record, create a formidable alliance to tap into the immense potential of India’s life insurance sector," said Sunil Bharti Mittal, Founder and Chairman, Bharti Enterprises, adding that this partnership opens new opportunities for Bharti Life’s employees and further reinforces the strategic relationship between India and the United Kingdom.The investment is said to support Bharti Life’s next phase of growth by enhancing its product offerings and expanding its distribution reach to better serve evolving customer needs.The transaction comes at a time when India’s life insurance sector is undergoing rapid transformation, driven by digital adoption, increasing awareness, and rising demand for financial protection solutions. The insurance market continues to present strong structural growth opportunities, supported by favorable demographics and relatively low life insurance penetration, indicating significant unmet demand.