CCI approves acquisition of shareholding of Groww Asset Management by State Street Global Advisors, Inc.

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....CI approves acquisition of shareholding of Groww Asset Management by State Street Global Advisors, Inc.<BR>News and Press Release<BR>Dated:- 26-3-2026<BR><BR>The Competition Commission of India (CCI) ....

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....has approved acquisition of shareholding of Groww Asset Management Limited by State Street Global Advisors, Inc. The proposed transaction relates to the acquisition of shareholding by State Street ....

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....Global Advisors, Inc. (State Street) in Groww Asset Management Limited (Target). State Street is a subsidiary of State Street Corporation (SSC) and operates under the "State Street Investment Manag....

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....ement" brand, which is the asset management arm of SSC. The Target is a wholly owned subsidiary of Billionbrains Garage Ventures Limited which manages various schemes of Groww Mutual Fund (Groww MF....

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....). Through Groww MF, the Target offers a diverse portfolio of mutual fund schemes, including equity funds, hybrid funds, debt funds, and exchange traded funds. Detailed order of the Commission will....

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.... follow. =============<BR> News - Press release - PIB....