360 ONE Asset Management
360 ONE Asset Management, part of a Mumbai based financial group founded in 2008 by Karan Bhagat and Yatin Shah, invests across sectors and stages, from venture capital through pre-IPO and secondary deals. Its private equity funds have backed more than 100 companies, including several unicorns, with overall alternate assets under management above $8.5 billion.
Overview
360 ONE Asset Management began in 2008 as part of a larger financial group. That group started under the name IIFL Wealth Management and later took the 360 ONE name. Its asset management arm sits in Mumbai, India. Investments there span many industries instead of just one.
Investment Focus and Stage
360 ONE Asset Management backs companies at several points along their growth path. Its private equity platform covers venture capital, growth equity, and late-stage rounds. The firm also invests in pre-IPO deals and secondary transactions. This range goes beyond early rounds alone and reaches into more mature companies.
Fund Size and Portfolio
360 ONE Asset Management oversees alternate assets worth more than $8.5 billion. This figure covers private equity, credit, and related fund categories. The firm's private equity funds have backed more than 100 companies, including several unicorns. Its portfolio includes Swiggy, Pine Labs, and other well known Indian startups.
Leadership
Karan Bhagat and Yatin Shah founded the group behind 360 ONE Asset Management in 2008. Bhagat serves as Managing Director and CEO of the parent company. Shah leads the wealth division under the same group. Both built the firm from its early days as IIFL Wealth Management.