Backing Big Ideas: 360 One Asset’s New Fund Targets Emerging Tech

360 One Asset, the investment arm of wealth management firm 360 One WAM, has launched a Rs 500 crore (approximately $60 million) early-stage venture capital fund. The fund will support startups from seed to Series A rounds across various sectors.

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How Big 360 One Asset Really Is?!

The fund is sector-agnostic but will focus on emerging industries such as consumer technology, fintech infrastructure, generative artificial intelligence (AI), spacetech, defense, and precision manufacturing.

Sameer Nath, Chief Investment Officer and Head of Private Equity and Venture Capital at 360 One Asset, stated that the fund aims to back startups that will drive India’s next wave of economic transformation.

The fund will take a concentrated approach by acquiring significant ownership stakes, participating on boards, and providing active value-creation support. It also offers co-investment opportunities to strategic partners.

An advisory board supports the team, including notable members such as Gaurav Kushwaha (founder of Bluestone), Vaibhav Domkundwar (Better Capital), Nigel Vaz (Publicis Sapient), and Ashwin Mittal (C5i).

Currently, 360 One Asset manages assets worth about $10 billion across public and private markets. The new fund represents an increased focus on early-stage investments amid a broader funding correction in India’s startup ecosystem.

Abhishek Nag, Senior Fund Manager and Head of Early-Stage VC Strategy, emphasized the fund’s role in bridging the gap between micro-VC funds and large global investors by providing patient, long-term capital to promising founders.

This fund reflects 360 One Asset’s commitment to supporting startups throughout their growth journey, from initial ideas to potential IPOs.

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