360 ONE Asset Launches Rs 500 Cr VC Fund To Back Startups

360 One Asset, part of 360 One Wam, has launched a venture capital fund to support Indian startups from their early funding rounds to later stages.

This is part of its larger Rs 25,000 crore private equity plan, focusing on areas like consumer tech, fintech, generative AI, space, defence, and advanced manufacturing. The fund plans to invest with significant ownership, take board seats, and work closely with founders to help them grow.

Sameer Nath, CIO and head of private equity at 360 One Asset, said the goal is to find and back startups that could become India’s next unicorns.

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“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,” Nath said.

“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," said Abhishek Nag, Senior Fund Manager and Strategy Head, 360 ONE Asset.

The fund already has a strong list of potential investments, including a gaming startup with over 10 million downloads, a hot sauce brand aiming for global reach, a SaaS company providing tech for mutual funds, and a spacetech startup developing local radar systems.

The fund is guided by an advisory board with leaders from bluestone, Publicis Sapient, Better Capital, and C5i.

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