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GROWW AMC BUSINESS
Cred widens mutual fund app Kuvera’s ambit for bigger wealth management playCred has entered wealth management by upgrading Kuvera, acquired in 2024. It now offers a full suite of financial services. Kuvera’s new fe...07 Apr, 2026, 02.55 PM IST- Groww among bidders for Prudential’s India asset management firmPrudential Financial’s India asset management arm has attracted takeover interest from at least two domestic firms, people familiar with th...31 Jan, 2026, 06.24 PM IST
- Asset management firm State Street set to invest $65 million in Groww AMCState Street may end up with a stake of as much as 23% in Groww AMC, depending on the final mix of primary and secondary share purchases an...15 Jan, 2026, 09.25 AM IST
- Groww reports 25% jump in operating revenue at Rs 1,216 crore, but net profit dips 27%Groww reported an operating revenue of Rs 1,216 crore in the December quarter, up 24.8% from Rs 974 crore a year back. The company’s net pr...14 Jan, 2026, 10.38 PM IST
- Groww ropes in US-based State Street as strategic investor with Rs 580 crore AMC dealGroww has partnered with US-based State Street Global Advisors, which will invest up to Rs 580 crore in Groww AMC through primary and secon...14 Jan, 2026, 02.48 PM IST
- Groww secures online bond distribution licence from SebiThe listed fintech is steadily expanding its scope of operations to build a full-stack investment portal, which straddles broking to asset ...08 Dec, 2025, 07.33 AM IST
- Expect market to open up by end of FY26: Angel One group CEO KengheAngel One CEO Ambarish Kenghe expects business recovery by FY26 as regulatory and macroeconomic pressures ease. Despite a recent profit dip...03 Jul, 2025, 06.00 AM IST
- Fintech AMCs: Groww, Navi, Zerodha diversify revenue with asset managementGroww doubled its AUM, Zerodha Fund House grew nine times and Navi increased its portfolio by 44% in an otherwise good year for the mutual ...12 May, 2025, 07.29 AM IST
- Groww and Worldline ePayments secure online payment aggregator licence from RBIThe PA licence will allow Bengaluru-based Groww to process online payments by itself. The licence was issued in the name of the company's s...30 Apr, 2024, 08.46 PM IST
- Small towns, retail investors central to fintech’s AMC plansFintech startups Groww, Zerodha, Navi are venturing into asset management, focusing on passive funds and non-metro retail investors. Challe...25 Apr, 2024, 06.52 PM IST
- Zerodha loses No.1 stock broker status to GrowwThe latest data from NSE's active client base shows that the number of users on Groww rose to 66.3 lakh in September while Zerodha's client...12 Oct, 2023, 01.32 PM IST
- Groww secures Sebi nod for first fund, names chief executive for AMC businessThe Peak XV and Ribbit Capital-backed fintech has appointed Varun Gupta as chief executive officer of the asset management business. Gupta,...08 Sep, 2023, 12.03 PM IST
- Zerodha gets Sebi nod to open asset management bizThe company could launch its first fund offer pretty soon, Kamath said. An asset management company launches its own mutual funds, which ca...12 Aug, 2023, 09.40 AM IST
- Groww completes Rs 175cr Indiabulls Mutual Fund biz acquisitionThe transaction had received approval from Competition Commission of India in September 2021. The closing date of the deal was May 3, the f...05 May, 2023, 09.46 AM IST
- Groww completes Rs 175 crore acquisition of Indiabulls’ mutual fund businessThis comes almost two years after Groww inked a definitive agreement in May 2021 to acquire the mutual fund business of IBHFL’s subsidiarie...04 May, 2023, 02.16 PM IST
- Groww inks deal to acquire Indiabulls’ mutual fund biz for Rs 175crThe sale of Indiabulls AMC will be limited only to the Mutual Fund business, while the Alternate Investment Fund (AIF) and Portfolio Manage...12 May, 2021, 01.08 AM IST
- Groww to acquire Indiabulls’ mutual fund business for Rs 175 croreThe acquisition of Indiabulls’ mutual fund business paves the way for Groww to enter the asset management space, sought after by peers such...11 May, 2021, 04.02 PM IST
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