State Street backs Groww AMC to transform investing in India
14 January 2026 India
Image: tanya78/stock.adobe.com
State Street Investment Management has announced a strategic minority investment, subject to regulatory approval, in Groww Asset Management Company (AMC), the asset management arm of Billionbrains Garage Ventures, a digital investment platform in India.
The investment will allow State Street Investment Management to strengthen its presence in the South Asian country’s market while also enabling the delivery of Indian-focused investment strategies to its clients globally.
The firm says these alliances enable State Street Investment Management to reach new investors, add investment capabilities, create products, and reinforce its commitment to broadening access and delivering solutions to all types of investors.
Yie-Hsin Hung, CEO, State Street Investment Management, notes: “India stands out as a market of immense opportunity, with a rising middle class, favourable demographics, and a rapid shift toward embracing modern investment products.”
Hung continues: “Our partnership with Groww AMC allows us to participate directly in the growth of India’s domestic asset management market, deliver a range of investment exposures to a broader population, and build a pipeline of Indian exposures for global distribution.”
Harsh Jain, co-founder and chief operating officer, Groww, adds: “State Street Investment Management is one of the world’s largest asset managers, and we are delighted to welcome them as an investor and strategic partner in Groww AMC.”
“This partnership will enable us to bring global best practices and sophisticated investment products to Indian investors, strengthening our long-term commitment to building a world-class asset management platform in India.”
The investment will allow State Street Investment Management to strengthen its presence in the South Asian country’s market while also enabling the delivery of Indian-focused investment strategies to its clients globally.
The firm says these alliances enable State Street Investment Management to reach new investors, add investment capabilities, create products, and reinforce its commitment to broadening access and delivering solutions to all types of investors.
Yie-Hsin Hung, CEO, State Street Investment Management, notes: “India stands out as a market of immense opportunity, with a rising middle class, favourable demographics, and a rapid shift toward embracing modern investment products.”
Hung continues: “Our partnership with Groww AMC allows us to participate directly in the growth of India’s domestic asset management market, deliver a range of investment exposures to a broader population, and build a pipeline of Indian exposures for global distribution.”
Harsh Jain, co-founder and chief operating officer, Groww, adds: “State Street Investment Management is one of the world’s largest asset managers, and we are delighted to welcome them as an investor and strategic partner in Groww AMC.”
“This partnership will enable us to bring global best practices and sophisticated investment products to Indian investors, strengthening our long-term commitment to building a world-class asset management platform in India.”
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