A Rs 500 crore ($60 million) sector-agnostic venture capital fund specializing in seed and Series A investments in India has been introduced by 360 ONE Asset, a fully-owned subsidiary of 360 ONE WAM, a wealth and asset management firm.
Building on its integrated lifecycle investing model, which aims to collaborate with India’s most ambitious startups from their initial institutional round to scale, is the company’s main goal, according to 360 ONE Asset.
In emerging industries like consumer technology, fintech infrastructure, generative AI, and frontier technologies like spacetech, defense, and precision manufacturing, the fund is intended to support fearless founders creating industry-defining companies.
By supporting exceptional founders early on and providing them with patient, long-term capital throughout their growth journey, 360 ONE Asset hopes to close the gap between the large global funds and India’s thriving micro-VC ecosystem. While maintaining an eye on long-term macrotrends like domestic consumption, financial infrastructure, healthcare, AI-led services, and deep tech innovation, it also provides strategic partners with active co-investment opportunities.
With an AUM of nearly $10 billion across public markets and alternative assets, 360 ONE Asset is an asset management company. With an AUM of over $3 billion, it is the top platform for private equity and venture capital.
