Groww Asset Management Company (AMC) has completed its Rs5.8bn ($64.2m) investment agreement with State Street Investment Management after receiving regulatory clearances. As part of the arrangement, State Street will own a 4.85% voting stake and a 23% economic interest in Groww AMC. The deal, initially disclosed in January 2026, enhances State Street's exposure to India's growing asset management sector and supports Groww AMC's expansion of its mutual fund operations.