
Category II
The 360 ONE Early-Stage Fund - Series 1 is a close-ended, Category II Alternative Investment Fund (AIF) designed to capture high-alpha opportunities within India’s booming startup ecosystem. Managed by 360 ONE Asset (formerly IIFL Wealth), the fund actively targets a diversified portfolio of 25 to 30 early-stage ventures—primarily at the Seed and Series-A stages—across structurally growing sectors like technology, financial services, healthcare, consumer brands, frontier tech, and Generative AI. With a targeted fund size of ₹500 Crore (plus a ₹250 Crore greenshoe option) and a standard 10-year tenure, the fund mitigates early-stage risk by focusing intensely on businesses with validated founder-market fit, clear scalability, and an intent to take meaningful 10% to 20% ownership stakes while reserving approximately 30% of its capital for critical follow-on rounds.
Fund Type
Category II
Category Type
Private Equity (100%)
Investment Focus
Public Equity
Fund Currency
INR
Fund size (₹in cr.)
₹500
Green Shoe Corpus (₹in cr.)
₹250
Drawdown (₹in cr.)
-
Commitment Raised (₹in cr.)
-
Sponsor Commitment (₹in cr.)
-
Registration Number
IN/AIF2/20-21/0838
Fund Inception Date
-
First Close Date
-
Last Close Date
-
Last Updated Factsheet
31-03-2026
Ticket Size (₹in cr.)
₹1
Open And Close Ended Fund
Close-Ended
Tenure
10 years
Extension Period
2 years
Lock-in Period
Close-Ended
Residual Tenure
-
Open For Investments
Yes