Groww to sell 23% in asset management arm

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TNN / Jan 15, 2026, 09:16 IST

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Groww to sell 23% in asset management arm

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BENGALURU : Groww agreed to sell up to a 23% stake in its asset management subsidiary to State Street Investment Management for about Rs 580 crore, even as the fintech platform reported a year-on-year decline in quarterly profit.

The transaction is subject to regulatory approvals.

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