Latest news with #360ONE
Economic Times
2 days ago
- Business
- Economic Times
NFO Alert: 360 ONE Mutual Fund launches multi-asset allocation fund
Synopsis 360 ONE's new multi-asset fund seeks to balance growth and stability by actively investing across varied asset classes. With allocations to equity, debt, commodities, and real assets like REITs and InvITs, the fund is designed to help investors navigate uncertain and volatile market conditions. The new fund offer, or NFO, is open for subscription and will close on August 13. 360 ONE Asset has announced the launch of its new fund, 360 ONE Multi Asset Allocation Fund, an open-ended fund that will invest in a diversified portfolio of equities, debt, commodities, and assets such as REITs and InvITs. The new fund offer, or NFO, is open for subscription and will close on August 13. The fund aims to generate long-term wealth creation and income through active management of multiple asset classes. Also Read | MF Tracker: UTI Mid Cap Fund turns Rs 10,000 SIP to nearly Rs 1.62 crore in 2 decades The 360 ONE Multi Asset Allocation Fund addresses the need for portfolio diversification amid increasing geopolitical instability, currency fluctuations, and global economic challenges. By investing across asset classes with varying correlations, the fund aims to deliver a smoother investment journey and counterbalance market volatility, according to a press release by the fund fund follows a dynamic asset allocation framework with investments across multiple asset classes, including 15% to 35% in equities to target long-term growth, 25% to 50% in debt instruments for relative stability, 25% to 40% in gold and silver as a hedge against global uncertainties, and a portion in REITs and InvITs to provide exposure to real estate. The fund is benchmarked against a composite index of BSE 500 TRI (25%), NIFTY Composite Debt Index (45%), and domestic gold and silver prices (30%). The fund is managed by Mayur Patel, Milan Mody, and Rahul Khetawat. The minimum investment amount during the NFO is Rs 1,000 and in multiples of Re 1 thereafter. For SIP investments, the minimum application amount is Rs 1,000 and in multiples of Re 1 thereafter. The fund has an exit load structure of 1% if units beyond 10% are redeemed within one year from allotment, while no exit load is applicable for units redeemed after one year from allotment. Also Read | JioBlackRock Mutual Fund to launch 5 index NFOs next week. Check dates, other details "The 360 ONE Multi Asset Allocation Fund embodies our commitment to providing innovative solutions tailored to investors' evolving needs. By diversifying across asset classes, we aim to mitigate risk and create sustainable value for our clients in an ever-changing global environment. With this fund, we are not only expanding our robust portfolio of investment products but also empowering investors to navigate market complexities with confidence. This is another step in our journey to redefine the investment landscape in India," said Raghav Iyengar, CEO of 360 ONE Asset. The fund is suitable for investors seeking to create wealth and income in the long term and who want investment in multiple asset classes. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Mint
09-07-2025
- Business
- Mint
360 ONE eyes bets on Walko, Kapiva in $30-40 million funding talks
Mumbai: 360 ONE Asset is evaluating investments in several consumer-facing startups, including NIC Ice Creams maker Walko Foods and ayurvedic wellness brand Kapiva, multiple people familiar with the matter told Mint. The funding rounds being discussed range between $25 million and $40 million and could also involve participation from existing investors, the people said. Kapiva is in talks to raise $40-50 million in a fresh funding round that may include a secondary component, allowing early investors to exit. The company has attracted interest from multiple investors, including 360 ONE. Walko, meanwhile, is negotiating a $30-35 million round with 360 ONE and other investors to support its expansion plans. Last month, the company acquired Mumbai-based artisanal dessert brand Meemee's for an undisclosed sum, marking its entry into the premium dessert segment. To be sure, negotiations with both companies are still ongoing, and the final deal structure could change. However, 360 ONE is expected to be the new incoming investor in these rounds if they materialize. 'Fundraising is aligned with our long-term growth strategy and ongoing pursuit of business growth. As these progress, we'll be better placed to share future plans. Walko's strong 45–50% YoY growth is strengthened further after acquiring MeeMee's. The next strategic step is to scale this brand nationally," a spokesperson for Walko said. 360 ONE declined to comment, while Kapiva did not respond to Mint's queries. Both Kapiva and Walko raised capital in the past year. Kapiva secured about $10 million from existing investors in September, while Walko raised $20 million from Jungle Ventures in February 2024. 360 ONE Asset, which manages over $3 billion across its venture capital and private equity platform, has stepped up its dealmaking activity in recent months. The firm has launched several sector-focused funds, including a ₹500 crore early-stage fund, a ₹5,000 crore secondaries fund, a pre-IPO fund, a healthcare-focused private equity fund, and others targeting financial services and technology. It also plans to roll out a consumer-focused fund soon. 'We have launched these funds as we believe there is a lot of depth in the kind of opportunities we are seeing today. There is immense scope for good returns as exit strategies evolve for new-age companies. We also have the ability to offer expertise, and another way to think about the depth in the market is to have the right size of funds chasing those companies," Abhishek Nag, strategy head of early-stage VC at 360 ONE Asset, told Mint in May. He added that the firm is positioned to support companies from the idea stage all the way to IPO.
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Business Standard
08-07-2025
- Business
- Business Standard
360 One group gets CCI nod to acquire UBS India wealth and lending units
Fair trade regulator CCI on Tuesday approved 360 ONE group's proposal to acquire certain businesses of Switzerland-based multinational investment bank UBS AG. "The proposed combination comprises acquisition of portfolio management services business of Credit Suisse Securities (India) Pvt Ltd in India by 360 ONE Portfolio Managers Ltd and stock broking services and financial product distribution services of CS Securities by 360 ONE Distribution Services Ltd (360 Distribution)," the Competition Commission of India (CCI) said in a release. Credit Suisse Securities (India) is a step-down wholly-owned subsidiary of UBS AG. CCI said it has also cleared a loan portfolio which forms part of lending and financing business of UBS Finance India Pvt Ltd, undertaken as a systematically important non-deposit taking non-banking financial company by 360 ONE Prime Ltd. Additionally, the competition watchdog approved UBS AG's subscription to warrants of 360 ONE WAM representing a 4.95 per cent of the paid up share capital. "CCI approves acquisition of certain businesses of UBS AG by 360 ONE entities," the regulator said in a post on X. In April this year, UBS announced that it entered into an exclusive strategic collaboration with 360 ONE WAM. As part of the collaboration, UBS will transfer its onshore wealth management business in India to 360 ONE. Further, UBS will acquire warrants for a 4.95 per cent stake in 360 ONE. "With this transaction, it opens the way for a global, personalised, and sophisticated wealth management experience for both sets of clients as well as significant value enhancement to our employees and shareholders," Akhil Gupta, Chairman of 360 ONE WAM, said. The deals beyond a certain threshold require approval from the regulator, which keeps a tab on unfair business practices as well as promotes fair competition in the marketplace. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Time of India
08-07-2025
- Business
- Time of India
360 ONE group gets CCI nod to acquire certain businesses of UBS
Fair trade regulator CCI on Tuesday approved 360 ONE group 's proposal to acquire certain businesses of Switzerland-based multinational investment bank UBS AG. "The proposed combination comprises acquisition of portfolio management services business of Credit Suisse Securities (India) Pvt Ltd in India by 360 ONE Portfolio Managers Ltd and stock broking services and financial product distribution services of CS Securities by 360 ONE Distribution Services Ltd (360 Distribution)," the Competition Commission of India (CCI) said in a release. Credit Suisse Securities (India) is a step-down wholly-owned subsidiary of UBS AG. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo CCI said it has also cleared a loan portfolio which forms part of lending and financing business of UBS Finance India Pvt Ltd, undertaken as a systematically important non-deposit taking non-banking financial company by 360 ONE Prime Ltd. Additionally, the competition watchdog approved UBS AG's subscription to warrants of 360 ONE WAM representing a 4.95 per cent of the paid up share capital. Live Events "CCI approves acquisition of certain businesses of UBS AG by 360 ONE entities," the regulator said in a post on X. In April this year, UBS announced that it entered into an exclusive strategic collaboration with 360 ONE WAM. As part of the collaboration, UBS will transfer its onshore wealth management business in India to 360 ONE. Further, UBS will acquire warrants for a 4.95 per cent stake in 360 ONE. "With this transaction, it opens the way for a global, personalised, and sophisticated wealth management experience for both sets of clients as well as significant value enhancement to our employees and shareholders," Akhil Gupta, Chairman of 360 ONE WAM, said. The deals beyond a certain threshold require approval from the regulator, which keeps a tab on unfair business practices as well as promotes fair competition in the marketplace.
Entrepreneur
05-06-2025
- Business
- Entrepreneur
Naagin Raises INR 18 Cr Led by 360 ONE Asset to Expand Global Footprint
Existing investor 8i participated for the third time, joined by a collective of 12 new and returning angel investors. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Naagin, flavour-forward food brand, has raised INR 18 crores in a pre-Series A round led by 360 ONE Asset. Existing investor 8i participated for the third time, joined by a collective of 12 new and returning angel investors. The funds will be used to scale operations, including factory and team expansion, R&D, and marketing, while driving growth across B2B, eCommerce, and D2C channels. "We aligned with 360 ONE instantly on our bold vision for the future. They've been very supportive from the get-go, and we are excited to continue our journey to create products people truly love," said Mikhel Rajani, Co-founder of Naagin. "We aim to become the go-to flavour provider for HORECA brands in India and expand globally to put Indian hot sauce on the world map." Founded in 2019 by Mikhel Rajani, Arjun Rastogi, and Kshitij Neelakantan, Naagin was born out of a shared frustration: the global absence of Indian flavours. Their solution was simple yet revolutionary—craft Indian hot sauces using regional chillies and culinary inspirations from across the country. Today, the brand offers a vibrant range of sauces, oils, and chilli flakes made from chillies like Bhut Jolokia, Sankeshwari, and Kanthari. Naagin has become a category disruptor, now present in over 700 premium retail stores and distributed internationally via platforms like Amazon, Walmart, and Carrefour. Known for its viral collaborations like Bhoot Chips with Too Yumm!, the brand's spicy innovations continue to capture the imagination of Indian and global consumers alike. "Naagin isn't simply bottling heat, it's distilling India's rich chilli heritage into a fresh, addictive flavour experience that belongs on tables from Mumbai to Brooklyn. Their relentless focus on craft, clean ingredients, and punchy brand storytelling positions them to redefine the global hot-sauce aisle, and we're fired up to help fuel that journey," said Abhishek Nag, Head of Early Stage VC at 360 ONE Asset. With blockchain-enabled traceability, plastic-neutral practices, and direct farmer partnerships, Naagin merges sustainability with spice. This funding round highlights investor confidence in the brand's differentiated, chef-crafted offerings and its ambitious mission to make Indian flavours global icons.
