Groww AMC closes State Street’s Rs 580 Cr strategic investment

•Groww AMC has completed a strategic investment from State Street Investment Management, closing a deal announced in January.

•State Street invested up to Rs 580 crore, gaining a 23% economic interest and 4.85% voting rights in Groww AMC.

•The partnership combines Groww's asset management with State Street's expertise in indexing, ETFs, and portfolio construction.

•Groww's AMC assets under management have nearly tripled to Rs 4,730 crore by May 2026, with 1.2 million unique investors.