Sachin Bansal's Navi in talks to acquire Aviva Life Insurance: Report

Flipkart Co-founder Sachin Bansal-led Navi Technologies is in talks to buy out Aviva Life Insurance Company India, the joint venture between UK-based Aviva and India's Dabur Invest, ET reported. Bansal is planning to acquire the Dabur family's 51% stake in the joint venture for ₹1,000-₹1,200 crore. Aviva initiated a process to exit its Asia operations last year, the report said.