HDFC Life is a life insurance company, the company is aJV between HDFC Limited and Standard Life Plc. Advisor to HDFC Limited and Azim Premji Trust on Stake Sale Transaction in HDFC Life. HDFC Life is a joint venture between Housing Development Finance Corporation Limited (“HDFC”) (72.37%) and Standard Life plc (26%), the leading provider of financial services in the United Kingdom
THe company ranks 2nd among the private life insurance players with a market share of 15.5%.