The Economic Times

Groww ropes in US-based State Street as strategic investor with Rs 580 crore AMC deal

Groww has partnered with US-based State Street Global Advisors, which will invest up to Rs 580 crore in Groww AMC through primary and secondary shares. The deal, involving up to 23% stake dilution, strengthens Growws mutual fund business, supporting expansion, global collaboration, and enhanced product offerings for Indian investors.