Groww Bids To Acquire PGIM India AMC To Strengthen AMC Unit: Report
道富道富(US:STT) Inc42 Media·2026-02-01 00:25

For Groww, the potential acquisition would mark a significant step beyond its core broking and mutual fund distribution businessImportant to mention that PGIM is looking to exit its Indian asset management business after limited growth since acquiring it from Deutsche Bank AG nearly a decade agoThe company is competing with Edelweiss Asset Management for the loss-making Indian AMC owned by US-based Prudential FinancialStock broking major Groww has reportedly placed a bid to acquire PGIM India Asset Manageme ...