Tentt

TVS Venu Group to Acquire PGIM India Asset Management

Announced
Financial ServicesDivestiture

Deal Overview

TVS Venu Group has signed definitive agreements to acquire the asset management business of PGIM India Asset Management from Prudential Financial. The transaction covers 100% of PGIM India Asset Management Private Limited and PGIM India Trustees Private Limited.

PGIM India offers equity, fixed income, and multi-asset investment solutions to retail and institutional investors. As of December 31, 2025, it managed over ₹30,000 crore in assets. The deal is subject to regulatory approvals and customary closing conditions.

Key Details

Transaction
TVS Venu Group acquires PGIM India Asset Management

Source

Read full article on m.economictimes.com

via GN - entered into definitive agreement · April 3, 2026

Powered by Tentt

Source financial services deals for your firm

Tentt builds and operates managed deal origination services for PE firms, M&A advisors, and commercial lenders. We map the target universe, monitor signals, and execute outreach — white-labelled to your firm.

Book a 30-min intro call