Indian wealth management giant 360 ONE Asset has launched a groundbreaking $60 million venture capital fund aimed at nurturing early-stage startups across the country. This strategic move is part of the firm’s broader ₹25,000 crore private equity platform and aligns with its innovative ‘Idea to IPO’ investment model, designed to support startups from inception to public listing.
The new fund, valued at ₹500 crore, targets seed and Series A startups in high-growth sectors such as fintech, AI, spacetech, and defense. With a focus on innovation, 360 ONE Asset aims to identify and back India’s next generation of unicorns, fostering entrepreneurship in emerging industries.
Remarkably, the fund has already made four strategic investments across diverse sectors, including hybrid-casual gaming, a hot sauce brand, SaaS solutions, and spacetech innovations. This early momentum highlights the firm’s commitment to diversifying its portfolio and supporting unique business ideas.
360 ONE Asset’s initiative comes at a pivotal time for India’s startup ecosystem, which continues to attract global attention for its rapid growth and technological advancements. By providing both capital and expertise, the firm seeks to bridge the funding gap for early-stage companies, helping them scale sustainably.
This venture capital strategy is poised to strengthen 360 ONE Asset’s position as a key player in India’s financial services landscape. Industry experts believe this move could inspire other wealth management firms to explore similar opportunities, further fueling the startup boom in the region.
As India’s startup scene evolves, initiatives like this underscore the growing importance of institutional support in transforming innovative ideas into market leaders. With 360 ONE Asset leading the charge, the future looks promising for aspiring entrepreneurs across the nation.
Andrew Lee
