logo
logo

360 ONE Early-Stage Fund - Series 1

Category II

Overview

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 Structure Details

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