Transaction · Wealthtech · 2026

State Street Global Advisors / Groww AMC 2026

State Street Global Advisors acquired Groww AMC on January 14, 2026.

Target
Groww AMC
Acquirer
State Street Global Advisors
Announced
January 14, 2026
Sub-sector
Wealthtech

Transaction overview

  • State Street Global Advisors announced the acquisition of Groww AMC on January 14, 2026.
  • The deal is expected to close pending customary conditions.

Strategic rationale

SSGA acquires minority stake (22.94% economic interest) in Groww's asset manager subsidiary, gaining exposure to India's growing mutual fund platform.

Deal terms & multiples

Deal value
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
January 14, 2026
Acquirer
State Street Global Advisors (Strategic)
Sub-sector
Wealthtech

Frequently asked questions

When did State Street Global Advisors announce the acquisition of Groww AMC?

State Street Global Advisors announced the acquisition of Groww AMC on January 14, 2026.

What sub-sector is Groww AMC in?

Groww AMC is tracked in the Wealthtech sub-sector.

Sources