360 One Asset, also known as 360 ONE Asset Management Limited, is a leading wealth and asset management firm headquartered in Mumbai, India. Established in 2008, the company provides a wide array of financial services, including asset management, wealth management, portfolio management, and financial advisory. Initially known as IIFL Wealth Management, the company rebranded to its current name in 2022. Over the years, 360 One Asset has become a significant player in the financial sector, managing various funds and investment portfolios for diverse clients, including high-net-worth individuals and institutional investors.
July 2025: 360 One Asset launched the "360 ONE Multi Asset Allocation Fund," a diversified scheme investing across various asset classes to mitigate risks and optimize returns for its clients. The fund aims to diversify investments across equities, debt, commodities, and real estate assets to adapt to global economic uncertainties.
July 2025: BC Asia Investments sold 15 million shares (3.71%) of 360 One WAM Limited, highlighting significant investor movement and interest in the company.
June 2025: 360 One Asset partnered with CRISIL to release the "360 ONE Wealth Creators List," underscoring its status in asset and wealth management sectors.
May 2025: The firm announced a ₹500 crore ($60 million) early-stage venture capital strategy aimed at high-growth sectors such as consumer tech, fintech, AI, space technology, and defense. This initiative is a part of their "Idea to IPO" strategy to support startups from their initial stages to public listing.
March 2025: The launch of a secondary fund with over ₹4,000 crore ($480 million), intended to provide liquidity solutions in the high-demand private equity market.
| Attribute | Information |
|---|---|
| Founding Date | 2008 |
| Headquarters | Mumbai, India |
| Founders | Karan Bhagat, Yatin Shah |
| Revenue | ₹2,920 Cr (as of FY 2024) |
| Profits | Not publicly disclosed |
| Key Investors | BC Asia Investments |
| Industry | Asset and Wealth Management |
| Number of Employees | Not publicly disclosed |
360 One Asset was founded in 2008 by Karan Bhagat and Yatin Shah among others. Initially operating under the name IIFL Wealth Management, the firm quickly established itself as a prominent wealth management entity in India. The company's early growth was fueled by offering diversified financial solutions tailored to meet the needs of high-net-worth individuals and institutional clients. Over the years, it expanded its services to include asset management and other related financial services, adapting to the evolving market demands. The strategic rebranding in 2022 to 360 ONE Asset Management marked a significant milestone in its journey, reflecting its broader vision and commitment to innovation.
360 One Asset's business model is centered around providing a wide range of financial solutions, including wealth and asset management, portfolio management, advisory services, and more. The company leverages its deep-rooted understanding of the Indian financial markets and a robust network of financial experts to deliver tailored investment solutions. Key achievements include:
Rebranding to 360 ONE Asset in 2022: This strategic move included expanding their service offerings, aligning more closely with global financial practices.
Significant Asset Under Management (AUM): As of March 2025, it managed assets worth over ₹5.81 lakh crore (approximately $68 billion), affirming its position among India’s largest asset management firms.
Innovative Fund Strategies: Regular development of new funds and strategies, such as the early-stage venture capital fund and multi-asset allocation funds, showcasing its adaptive and forward-thinking approach.
Advisory and Wealth Management Integration: Provides comprehensive services across asset and wealth management sectors, ensuring seamless integration and operational synergy.
Currently, 360 One Asset plays a pivotal role in India's financial landscape by managing a diverse set of financial products, including mutual funds, alternative investment funds, and portfolio management services. Its strategic initiatives focus on high-growth potential sectors like technology, AI, and space. The company retains competitive advantages through:
Diversified Product Offerings: Encompassing public and private equity, debt, and real assets.
Sophisticated Investment Frameworks: Utilizing proprietary methods for portfolio construction and risk management.
Strong Market Position: Positioned as a key player in both Indian and international markets, it continues to attract significant investments and partnerships.
360 One Asset represents a leading force in the asset and wealth management industry in India, continually evolving through innovative strategies and comprehensive financial services. Its commitment to managing diverse portfolios while adapting to market changes places it at the forefront of India's financial sector. Looking to the future, the company's strategic initiatives in venture capital, multi-asset funds, and international collaborations signal further growth and influence, ensuring its stature as a transformative leader in the global finance landscape.