The company is competing with Edelweiss Asset Management for the loss-making Indian AMC owned by US-based Prudential Financial
Important 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 ago
For Groww, the potential acquisition would mark a significant step beyond its core broking and mutual fund distribution business
Stock broking major Groww has reportedly placed a…

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