TechInc42about 3 hours ago
State Street Closes ₹580 Cr Groww AMC Deal
3 min read
State Street Investment Management completed its ₹580 Cr investment in Groww AMC, securing a 23% economic interest and 4.85% voting rights. The deal values Groww AMC at roughly ₹2,500 Cr. Groww AMC will tap State Street's ETF and indexing expertise to expand passive offerings.
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