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360 ONE Asset, a wholly-owned subsidiary of 360 ONE WAM, has launched a ₹500 crore early-stage venture capital fund focused on backing bold founders across emerging sectors such as consumer technology, fintech infrastructure, generative AI, and frontier technologies including spacetech, defence, and precision manufacturing.
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Asset Management firm 360 ONE Asset, a wholly-owned subsidiary of 360 ONE WAM, has launched its early-stage venture capital fund of ₹500 crore. The fund aims to back bold founders building businesses across emerging sectors like consumer technology, fintech infrastructure, generative AI, and frontier technologies, including spacetech, defence, and precision manufacturing.
Anchored by 360 ONE Asset’s broader ₹25,000 crore (USD 3 bn), the firms’ term-sheeted deals across diverse sectors- from a hybrid-casual gaming firm and a hot sauce brand to a SaaS startup and a space-tech innovator.
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.”
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)
“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,” said Abhishek Nag, Senior Fund Manager & Strategy Head, Early-Stage VC, 360 ONE Asset
(Inputs from BL Intern Rohan Das)
Published on May 22, 2025
This article first appeared on The Hindu Business Line
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