Acquiring Company
ICICI Bank
Acquired Company
ICICI Prudential AMC
Description
ICICI Bank plans to purchase an additional 2% stake in ICICI Prudential AMC before its IPO. This acquisition is subject to finalization and necessary approvals. Currently, ICICI Bank holds a 51% equity stake in the asset management company. The IPO could raise up to Rs 10,000 crore, valuing ICICI Prudential AMC at approximately USD 12 billion.
Quick answer
ICICI Bank is acquiring ICICI Prudential AMC, announced July 9, 2025. ICICI Bank is based in Mumbai, Maharashtra, India.
- How much did ICICI Bank pay for ICICI Prudential AMC?
- The deal value was not disclosed.
- What does ICICI Bank do?
- ICICI Bank Limited is a major Indian private sector bank offering a range of financial products and services.
- Where are ICICI Bank and ICICI Prudential AMC based?
- ICICI Bank is based in Mumbai, Maharashtra, India. ICICI Prudential AMC is based in Mumbai, Maharashtra, India.
- Who are the decision-makers at ICICI Bank?
- Fundz holds 1 contact at ICICI Bank. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Finance
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Harbourfront Wealth acquires Millar Private Wealth (July 24, 2025)
- GTCR and Stone Point acquire Ultimus Fund Solutions (July 15, 2025)
- Castlelake to acquire $2.5B loans from Pagaya (July 14, 2025)
- Laiqon acquires MainFirst to enter Switzerland (July 4, 2025)
- BNP Paribas completes AXA IM acquisition deal (July 1, 2025)
- Pemba Capital acquires Hunter Premium Funding (June 2, 2025)
Who to call at ICICI Bank, and when
When ICICI Bank changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day ICICI Bank raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at ICICI Bank, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at ICICI Bank. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment ICICI Bank makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired ICICI Prudential AMC?
ICICI Prudential AMC was acquired by ICICI Bank, based in Mumbai. The deal was reported on July 9, 2025. ICICI Bank Limited is a major Indian private sector bank offering a range of financial products and services. It provides banking services to individuals and businesses. ICICI Bank is publicly traded (IBN).
When did ICICI Bank acquire ICICI Prudential AMC?
ICICI Bank's acquisition of ICICI Prudential AMC was reported on July 9, 2025. ICICI Bank plans to purchase an additional 2% stake in ICICI Prudential AMC before its IPO. This acquisition is subject to finalization and necessary approvals. Currently, ICICI Bank holds a 51% equity stake in the asset management company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ICICI Prudential AMC do?
ICICI Prudential AMC is India's second-largest asset manager by assets under management. It specializes in providing a range of mutual fund products and investment management services. It is privately held, operating in Financial Services, and is based in Mumbai.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.