Groww has announced a significant strategic investment agreement with State Street Global Advisors, Inc., marking a major milestone in the company's asset management expansion. The investment involves Groww's wholly owned subsidiary, Groww Asset Management Limited, which serves as the investment manager for Groww Mutual Fund.

Strategic Investment Details

The company has executed a Share Subscription and Share Purchase Agreement (SSPA) and Shareholders' Agreement (SHA) with State Street Global Advisors, Inc. The strategic partnership involves a comprehensive investment structure designed to strengthen Groww AMC's market position.

Additional Share Acquisition

Separately, Billionbrains Garage Ventures has disclosed plans to acquire additional shares in Groww AMC for up to ₹282.01 crores. This acquisition will be conducted in one or more tranches and is specifically aimed at meeting working capital requirements and pursuing further growth opportunities.

Groww AMC Financial Performance

Groww Asset Management Limited has demonstrated strong growth trajectory over the past three years. The subsidiary, incorporated on April 10, 2008, manages various funds under the Groww Mutual Fund umbrella.

As of March 31, 2025, Groww AMC contributed ₹17.09 crores in income (0.42% of consolidated financials) and maintained a net worth of ₹177.13 crores (3.66% of consolidated net worth).

State Street Global Advisors Profile

State Street Corporation, the parent company of the investor, stands as one of the world's leading financial services providers to institutional investors. The organization manages substantial assets globally:

• Assets under custody/administration: USD 51.7 trillion
• Assets under management: USD 5.4 trillion (as of September 30, 2025)
• Business focus: Investment servicing, management, research and trading

Transaction Timeline and Approvals

The strategic investment agreement was executed on January 14, 2026, with completion expected within six months. The transaction remains subject to regulatory approvals and fulfillment of closing conditions outlined in the SSPA. Upon completion, Groww AMC will transition from a wholly owned subsidiary to a regular subsidiary of Billionbrains Garage Ventures, while the company will receive up to ₹381.35 crores from the secondary share sale to State Street Global Advisors.

Billionbrains Garage Ventures Ltd., the parent company of online investment platform Groww , is among several companies set to report financial results as the earnings season kicks off. The recently listed stock brokerage platform has announced its schedule to declare third-quarter earnings for the financial year 2025-26.

Q3 FY26 Results Declaration

Groww will announce its unaudited financial results for the quarter and nine months ended December 31, 2025, following the Board meeting scheduled for January 14. The result will likely be announced after trading hours are closed for the day. This announcement comes as more than 100 listed companies are expected to report their quarterly performance during the current earnings season.

Earnings Conference Call Details

The company will host an earnings conference call on Wednesday, January 14 at 4:30 PM IST to discuss its results for Q3 FY26. The call will be conducted via webinar format, during which the management will share insights on financial performance and address questions from participants.

Interested investors, analysts, and stakeholders need to complete registration for timely access to the webinar.

Trading Window Restrictions

Under the company's Code of Conduct and SEBI regulations, Groww announced that its trading window for designated persons and their immediate relatives would remain closed from January 1 until 48 hours after the unaudited results declaration.

Q2 FY26 Financial Performance

In the previous quarter ending September 2025, Groww reported mixed financial results compared to the same period in 2024:

Despite a decline in revenue from operations, the company demonstrated strong cost management with total expenses falling significantly, leading to improved profitability.

Stock Market Performance

Groww made its stock market debut on November 12, 2025, listing at ₹114 per share, representing a 14% premium over its issue price of ₹100. The stock has demonstrated strong performance since listing:

The upcoming Q3 FY26 results will provide crucial insights into the company's revenue growth, profitability, and overall financial health during the quarter, offering investors a clearer picture of the platform's business trajectory in the competitive online investment space.