United States $5.5 Trillion State Street Investment Management to Buy 23% Stake in India Groww Asset Management (Groww AMC) for $65 Million (4.99% Voting Rights) at $283 Million Valuation, Groww Asset Management (Groww AMC) is Subsidiary of India Fintech Billionbrains Garage Ventures
15th January | Hong Kong
United States State Street Investment Management ($5.5 trillion AUM) has announced to buy 23% stake in India Groww Asset Management (Groww AMC) for $65 million (4.99% Voting Rights) at $283 million valuation. Groww Asset Management (Groww AMC) is a subsidiary of India fintech Billionbrains Garage Ventures. Announcement (14/1/26): “State Street Investment Management today announced a strategic minority investment, subject to regulatory approval, in Groww Asset Management Limited (“Groww AMC”), the asset management arm of Billionbrains Garage Ventures Limited (“GROWW”), one of India’s most innovative and fast-growing digital investment platforms. This partnership marks a significant step in State Street Investment Management’s commitment to democratizing investing. The investment will enable State Street Investment Management to strengthen its presence in one of the world’s most promising markets while also enabling the delivery of Indian-focused investment strategies to its clients globally. This strategic partnership with Groww AMC complements State Street Investment Management’s recent equity investments and product collaborations. These alliances enable State Street Investment Management to reach new investors, add investment capabilities, create innovative products, and reinforce its commitment to broadening access and delivering solutions to all types of investors.”
“ United States $5.5 Trillion State Street Investment Management to Buy 23% Stake in India Groww Asset Management (Groww AMC) for $65 Million (4.99% Voting Rights) at $283 Million Valuation, Groww Asset Management (Groww AMC) is Subsidiary of India Fintech Billionbrains Garage Ventures “
![](https://www.caproasia.com/wp-content/uploads/2025/08/Air-Charter-Service-728x90-1.png")
Yie-Hsin Hung, CEO of State Street Investment Management: “India stands out as a market of immense opportunity, with a rising middle class, favorable demographics, and a rapid shift toward embracing modern investment products. Groww AMC is at the forefront of this transformation, making investment exposures accessible to millions of individuals and capturing a significant share of the growing domestic wealth market. Our partnership with Groww AMC allows us to participate directly in the growth of India’s domestic asset management market, deliver a range of investment exposures to a broader population, and build a pipeline of Indian exposures for global distribution.”
Harsh Jain, Co-Founder and COO, Groww: “State Street Investment Management is one of the world’s largest asset managers, and we are delighted to welcome them as an investor and strategic partner in Groww AMC. This partnership will enable us to bring global best practices and sophisticated investment products to Indian investors, strengthening our long-term commitment to building a world-class asset management platform in India.”
State Street Investment Management – At State Street Investment Management, we have been helping create better outcomes for institutions, financial intermediaries, and investors for nearly half a century. Starting with our early innovations in indexing and ETFs, our rigorous approach continues to be driven by market-tested expertise and a relentless commitment to those we serve. With over US$5.5 trillion in assets managed*, clients in over 60 countries, and a global network of strategic partners, we use our scale to deliver a comprehensive and cost-effective suite of investment solutions that help investors get wherever they want to go. State Street Investment Management is the asset management arm of State Street Corporation (NYSE: STT).
United States $5.5 Trillion State Street Investment Management to Buy 23% Stake in India Groww Asset Management (Groww AMC) for $65 Million (4.99% Voting Rights) at $283 Million Valuation, Groww Asset Management (Groww AMC) is Subsidiary of India Fintech Billionbrains Garage Ventures
Caproasia Users
- Manage $20 million to $30 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2026 Investment Day
- March - Hong Kong
- March - Singapore
- April - Hong Kong
- April - Singapore
- July - Hong Kong
- July - Singapore
- Sept- Hong Kong
- Sept - Singapore
- Oct- Hong Kong
- Nov - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
