Maruti Suzuki – Maruti had a Production plant and Suzuki had the technology so they both jointly agreed and formed a joint venture for India.
Google parent company and the pharma company Glaxo and Smith decided to enter into a joint venture agreement to produce bioelectric medicines the ratio of the ownership was 45%-55%. The joint venture lasted and was committed for 7 years with a capital of Euro 540 million.
Another example of a joint venture is the joint venture between the taxi giant UBER and the heavy vehicle manufacturer Volvo. The joint venture goal was to produce driverless cars the ratio of the ownership is 50%-50%. The business worth was $350 million as per the agreement in the joint venture.