Bharti AXA Life Insurance is a joint venture between the Indian conglomerate Bharti Enterprises and the AXA Group, a multinational investment-banking firm headquartered in Paris. In this joint venture, Bharti owns 74% of the stake and AXA owns the remaining 26%. Bharti Enterprises is the country's pioneer in the telecom sector under the name of Bharti Airtel Limited. Having customer base over 70 million, it is India’s leading private-sector provider of telecommunications services.