360 ONE Asset, a wholly-owned subsidiary of 360 ONE WAM, a wealth and asset management company, has launched a ₹500 crore early-stage venture capital fund.
The fund will focus on seed and Series A rounds in areas such as consumer tech, fintech infrastructure, generative AI and frontier technologies including spacetech, defence and precision manufacturing. The fund is designed to back founders building category-defining businesses across emerging sectors.
Anchored by 360 ONE Asset’s broader ₹25,000 Crore+ ($3 billion+) private equity platform, this new strategy forms a cornerstone of 360 ONE’s integrated ‘Idea to IPO’ capital stack.
The early-stage fund is led by a seasoned team and is supported by an Advisory Board comprising Gaurav Kushwaha (Founder, Bluestone), Nigel Vaz (CEO, Publicis Sapient), Vaibhav Domkundwar (Founder, Better Capital & Co-founder, Mobileum), and Ashwin Mittal (CEO, C5i).
Sameer Nath, CIO & Head, Private Equity & Venture Capital, 360 ONE Asset, said, “As India approaches its next wave of startup-led economic transformation, 360 ONE Asset’s early-stage strategy aims to be at the forefront – identifying, backing, and shaping the companies that will define the next generation of unicorns. Our strategy is backed by a highly experienced team and distinguished by proprietary deal flow through a network of over 7,000 founders and domain experts.”
Abhishek Nag, Senior Fund Manager & Strategy Head, Early-Stage VC, 360 ONE Asset, said, “India’s early-stage ecosystem is entering a pivotal decade. With our early-stage strategy we aim to bridge the white space between India’s robust micro-VC ecosystem and the large global funds – by backing exceptional founders early and supporting them with patient, long-term capital throughout their growth journey.”
“We follow a disciplined investment process with rigorous diligence, clear value creation plans, and defined exit strategies. We also offer active co-investment opportunities for strategic partners – all while staying focused on long-term macro trends like domestic consumption, financial infrastructure, healthcare, AI-led services, and deep tech innovation,” he added.
