IIHL and Invesco complete JV formation to grab a piece of fast-growing asset management market in India

November 2, 2025

IndusInd International Holdings and Invesco have finalised their joint venture in India’s mutual fund space, with IIHL taking a 60% stake and Invesco retaining 40%. The partnership combines Invesco’s global investment expertise with IIHL’s strong domestic network, aiming to expand mutual fund reach and accelerate financial inclusion across India.

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