India, April 23 -- The Competition Commission of India has approved the (i) acquisition of certain equity shares of Bharti Axa Life Insurance Company Limited (BALIC/ Target) by 360 ONE Private Equity Fund, through its schemes or affiliates (360 Fund); and (ii) subscription of certain equity shares in the Target by Bharti Life Ventures Private Limited (BLVPL) and 360 Fund.360 Fund, through its schemes or affiliates, proposes first to acquire equity shares of the Target from BLVPL. Subsequently, 360 ONE (defined in subsequent paragraphs), and BLVPL also propose to subscribe to certain equity shares in Target.360 Fund is registered with the Securities and Exchange Board of India as a Category II Alternative Investment Fund and is established f...