02 Nov 2025 | 5 Mins Read
IIHL and Invesco form JV in India's growing asset market
Flipitmoney
IndusInd International Holdings and Invesco Ltd completed their joint asset management venture in India, with IIHL owning a 60% stake. The deal positions IIHL to expand beyond banking and strengthens Invesco's domestic foothold. The joint venture will operate under the Invesco brand and management structure, with CEO Saurabh Nanavati at the helm. IIHL controls over 11,000 distribution touchpoints.