Asset management firm State Street set to invest $65 million in Groww AMC
Global asset manager State Street Investment Management is set to invest $65 million (about Rs 580 crore) in Groww Asset Management Company (AMC).
Of the total investment, about Rs 381 crore will be secondary share purchases, while around Rs 199 crore will be fresh capital, which could dilute Groww AMC’s share capital by up to 23%.
