360 One WAM


360 One WAM is an Indian multinational wealth and asset management company headquartered in Mumbai, India. Founded in 2008, it provides financial services, including wealth management, asset management, portfolio management, corporate treasury solutions, and lending. The company operates in five countries and has 27 offices across India.
As of March 2025, 360 ONE WAM had assets under management of over ₹5.81 lakh crore and had more than 7,500 clients, including individuals and institutions. It holds an A1+ credit rating from CRISIL and ICRA.

History

The company was incorporated on January 17, 2008, as IIFL Wealth Management Limited, a subsidiary of IIFL Holdings. It initially operated under a commission-based structure before transitioning to a fee-based advisory model. The firm later adopted a trail commission model and implemented a fee-based platform for investment products before the Securities and Exchange Board of India introduced regulations prohibiting upfront commissions. In Oct, 2015, General Atlantic acquired a 21.6% stake in the company.
Subsequently, in June 2018, the company raised ₹745.71 crore from investors, including General Atlantic.
In 2019, the company demerged from IIFL Holdings to become an independent, publicly listed entity.
In 2022, Bain Capital acquired nearly 25% of the company's shares.
In November 2022, the company rebranded as 360 ONE, renaming its wealth management division as 360 ONE Wealth and its asset management division as 360 ONE Asset.
In September 2023, it launched 360 ONE Global to provide wealth and investment advisory services to international clients, with offices in Dubai and Singapore.

Board of directors

  • Akhil Gupta – Independent Director, Chairman
  • Karan Bhagat – Managing Director
  • Yatin Shah – Non-executive Director
  • Pierre De Weck – Independent Director
  • Revathy Ashok – Independent Director
  • Sandeep Tandon – Independent Director
  • Pavninder Singh – Nominee Director
  • Rishi Mandawat – Nominee Director

    Acquisition

In April 2014, 360 ONE WAM acquired a majority stake in India Alternatives Investment Advisors Pvt Ltd, a private equity advisory firm.
In October 2018, the company acquired Chennai-based wealth management firm Wealth Advisors India for ₹235 crore.
In April 2020, 360 ONE WAM completed the acquisition of L&T Capital Markets, a wholly owned subsidiary of L&T Finance Holdings, for ₹2.3 billion. The acquisition added ₹100 billion in assets under management to the company's portfolio.
In 2024, the company announced the acquisition of ET Money, a wealth-tech platform, for ₹3.7 billion. It also disclosed plans to acquire Batlivala & Karani Securities and Batlivala & Karani Finserv for ₹18.8 billion in 2025.

Financial backing

In 2015, private equity firm General Atlantic acquired a 21.61% stake in the company for ₹1,122.34 crore. In 2018, the company raised ₹745.71 crore from investors, including General Atlantic. In 2022, Bain Capital acquired nearly 25% of the company's shares.

Rankings

  • A1+ Rated by CRISIL in 2024.
  • A1+ Rated by ICRA in 2024.

    Subsidiaries

  • 360 ONE Distribution Services Limited
  • 360 ONE Portfolio Managers Limited
  • 360 ONE Prime Limited
  • 360 ONE Investment Adviser & Trustee Services Limited
  • 360 ONE Asset Management Limited
  • 360 ONE Alternates Asset Management Limited
  • MAVM Angels Network Pvt. Ltd.
  • 360 ONE IFSC Limited
  • 360 ONE Asset Trustee Limited
  • 360 ONE Foundation
  • Moneygoals Solutions Limited
  • Banyantree Services Limited
  • 360 ONE Capital Pte. Ltd.
  • 360 ONE Private Wealth Limited
  • 360 ONE Capital Limited
  • 360 ONE Inc
  • 360 ONE Asset Management Limited