Srivatsan at 18:31, 24 April 2026

2026-04-24T18:31:37Z

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{{short description|Wealth management firm (e. 2008)}}
{{Multiple issues|
{{Cleanup press release|article|date=May 2025}}
{{COI|date=March 2026}}
}}
{{Use dmy dates|date=June 2022}} {{Use Indian English|date=June 2022}}
{{Infobox company
| name = 360 ONE WAM
| logo = 360 One WAM.webp
| logo_size =
| logo_alt =
| logo_caption =
| image =
| image_size =
| image_alt =
| image_caption =
| trading_name = {{ubl|{{BSE|542772}}|{{NSE|360ONE}}}}
| native_name =
| native_name_lang = 
| romanized_name =
| former_name = IIFL Wealth
| type = [[Public company|Public]]
| ISIN =
| industry = [[Wealth management]], [[asset management]]
| genre =
| predecessor = 
| founded = {{Start date and age|2008}}
| founders = {{ubl|[[Karan Bhagat]]|Yatin Shah}}
| defunct = 
| fate =
| successor = 
| hq_location =
| hq_location_city = [[Mumbai]]
| hq_location_country = India
| num_locations =
| num_locations_year = 
| area_served = Worldwide
| key_people = Karan Bhagat {{small|(Managing Director and CEO)}}<br>Yatin Shah {{small|(CEO of 360 ONE Wealth)}}<ref name="AB">{{Cite web |last=Bhalla |first=Aakriti |date=2025-07-29 |title=360 One wrote the wealth-management playbook. Now it is learning a hard lesson |url=https://the-ken.com/story/360-one-wrote-the-wealth-management-playbook-now-it-is-learning-a-hard-lesson/ |access-date=2026-03-14 |website=The Ken |language=en-US}}</ref><ref name="PBRI">{{Cite web |title=Private Bankers Ride India’s Wealth Boom to $600 Million Fortune |url=https://www.bloomberg.com/news/features/2025-07-02/inside-360-one-how-karan-bhagat-turned-wealth-management-into-fortune-in-india |website=bloomberg}}</ref>
| products =
| production =
| production_year = 
| brands =
| services =
| revenue = {{INRConvert|826|c}}<ref name=“cnbctv18”>{{cite web |title=Wealth management firm sees 20% profit rise on growth in ARR AUM |url=https://www.cnbctv18.com/market/stocks/360-one-wam-share-price-q3fy26-results-net-profit-grows-20-pc-revenue-arr-aum-19821816.htm |website=[[CNBC TV18]] |language=en}}</ref>
| revenue_year = Q3 FY26
| operating_income =
| income_year = 
| net_income = 
| net_income_year = 
| aum = {{INRConvert|7.11|lc}} (Q3 FY26)<ref name=“cnbctv18” />
| assets =
| assets_year = 
| equity =
| equity_year = 
| owner = 
| members =
| members_year = 
| num_employees = 1,700 <ref name=“cnbctv18” />
| num_employees_year = December 2025
| divisions =
| subsid = {{unbulleted list
| [[#Structure and subsidiaries|See list below]]
| 360 ONE Asset Management
| 360 ONE Alternates Asset Management
| 360 ONE Prime
| 360 ONE Capital
| [[ET Money]]
}}
| module = 
| ratio = 
| rating = A1+ ([[CRISIL]])<ref name="crisil2">{{cite web |title=Rating Rationale |url=https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/360OneWamLimited_February%2005_%202025_RR_362587.html |access-date=2025-04-02 |publisher=[[CRISIL]]}}</ref><br />A1+ ([[ICRA Limited|ICRA]])<ref name="icra2">{{cite web |title=360 One WAM Limited - ICRA |url=https://www.icra.in/Rating/GetRationalReportFilePdf?id=125942 |access-date=2025-04-02 |website=icra.in |publisher=[[ICRA Limited]]}}</ref>
| website = {{URL|https://www.360.one/}}
| footnotes =
}}
'''360 ONE WAM Limited''' is an Indian financial services company based in [[Mumbai]].<ref name=":02">{{Cite web |last=Paul |first=Sidhanth |title=Nuvama or 360 One: Who’s Ahead in Wealth Management? |url=https://premium.capitalmind.in/2024/10/nuvama-or-360-one-whos-ahead-in-wealth-management/ |access-date=2025-04-02 |website=Capitalmind |language=en}}</ref><ref name=":2">{{Cite web |last=Jacob |first=Ann |date=2025-02-25 |title=360 One Can Rally 20% Despite Market Weakness, Analysts Say Post B&K Acquisition |url=https://www.ndtvprofit.com/markets/360-one-can-rally-20-despite-market-weakness-analysts-say-post-bk-acquisition |access-date=2025-04-02 |website=NDTV Profit |language=en}}</ref><ref>{{Cite web |title=UBS Nears Deal With India Wealth Firm 360 One to Spur Growth |url=https://www.bloomberg.com/news/articles/2025-01-28/ubs-nears-deal-with-india-wealth-firm-360-one-for-growth-boost |access-date=2025-04-02}}</ref> Established in 2008, the company operates in the wealth and asset management sectors. The firm's business divisions comprise investment banking, institutional broking, and portfolio management services. As of 2025, the company reported [[assets under management]] (AUM) of approximately ₹7.11 lakh crore (US$79 billion).<ref name=“cnbctv18” /><ref>{{Cite web |date=2025-08-05 |title=Beyond the rally: Is 360 ONE WAM just getting started? |url=https://indianexpress.com/article/smart-stocks/rally-360-one-wam-stock-10170572/ |access-date=2026-03-14 |website=The Indian Express |language=en}}</ref><ref name=":0">{{Cite web |title=Bain-Backed 360 One's Co-CEO Taparia to depart amid wealth management boom |url=https://www.business-standard.com/finance/news/bain-backed-360-one-s-co-ceo-taparia-to-depart-amid-wealth-management-boom-124102100798_1.html |website=Business Standard India}}</ref> It operates through 27 offices in India and has a presence in five other countries.<ref name=":1">{{Cite web |title=Bain Capital-backed 360 One WAM to buy B&K Securities for $218 mn |url=https://www.vccircle.com/baincapital-backed-360-one-wam-to-buy-b-k-securities-for-218-mn |access-date=2025-04-02 |website=VCCircle |language=en-US}}</ref>

== History ==
The company was incorporated on 17 January 2008 as IIFL Wealth Management Limited, a subsidiary of [[India Infoline|IIFL Holdings]].<ref>{{Cite web |date=2025-01-29 |title=I-T dept carries out searches on business premises linked to 360 ONE WAM, founder |url=https://indianexpress.com/article/business/mumbai-360-one-income-tax-department-searches-9803634/ |access-date=2025-04-02 |website=The Indian Express |language=en}}</ref><ref>{{cite news |last1=Sarkar |first1=Arundhati |date=20 June 2018 |title=IIFL Wealth Raises Funds To Grow Asset Management, NBFC Businesses |url=https://www.bloombergquint.com/business/iifl-wealth-raises-funds-to-grow-asset-management-nbfc-businesses#gs.nCq80nbM |publisher=[[BloombergQuint]]}}{{Dead link|date=April 2026}}</ref><ref>{{cite news |date=4 February 2018 |title=IIFL Holdings to demerge capital, wealth, finance business in one year |url=https://economictimes.indiatimes.com/industry/banking/finance/iifl-holdings-to-demerge-capital-wealth-finance-business-in-one-year/articleshow/62776055.cms |work=[[The Times of India]]}}</ref> In its early years, the firm transitioned to a fee-based advisory structure.<ref>{{cite news |last1=Layak |first1=Suman |date=1 July 2018 |title=India's mega rich are swelling. How the wealth management industry is refashioning itself to adapt |url=https://economictimes.indiatimes.com/news/company/corporate-trends/indias-mega-rich-are-swelling-how-the-wealth-management-industry-is-refashioning-itself-to-adapt/articleshow/64808850.cms |publisher=[[The Economic Times]]}}</ref>

In 2014, the company acquired a majority stake in India Alternatives Investment Advisors Pvt Ltd,<ref>{{cite news |last1=Allirajan |first1=M. |date=7 April 2014 |title=IIFL Wealth Management acquires India Alternatives |url=https://timesofindia.indiatimes.com/business/india-business/IIFL-Wealth-Management-acquires-India-Alternatives/articleshow/33396406.cms |work=[[The Times of India]]}}</ref> a private equity advisory firm.<ref>{{cite news |date=7 April 2014 |title=IIFL Wealth Management acquires India Alternatives Private Equity Fund |url=https://economictimes.indiatimes.com/industry/banking/finance/iifl-wealth-management-acquires-india-alternatives-private-equity-fund/articleshow/33392173.cms |work=[[The Times of India]]}}</ref>

In October 2015, [[General Atlantic]] acquired a 21.6% stake in the firm for approximately ₹1,122 crore (US$131 million).<ref>{{cite news |date=24 October 2015 |title=General Atlantic to buy 21.6% stake in IIFL Wealth for Rs 1,122 cr |url=https://www.business-standard.com/article/companies/general-atlantic-to-buy-21-6-stake-in-iifl-wealth-for-rs-1-122-cr-115102400783_1.html |newspaper=[[Business Standard]] |location=[[Mumbai]]}}</ref><ref>{{cite news |last1=Sanjai |first1=P.R. |date=24 October 2015 |title=GA to buy 21% in IIFL Wealth for Rs1,122 crore |url=https://www.livemint.com/Companies/nIBr3dwpQbiwfMC4gabvFP/GA-to-buy-21-in-IIFL-Wealth-for-Rs1122-crore.html |publisher=[[Livemint]]}}</ref><ref>{{Cite news |last=Menon |first=Shailesh |date=2015-10-25 |title=General Atlantic acquires 21 per cent stake in IIFL Wealth for Rs 1,122.34 crore |url=https://economictimes.indiatimes.com/general-atlantic-acquires-21-per-cent-stake-in-iifl-wealth-for-rs-1122-34-crore/articleshow/49518133.cms?from=mdr |access-date=2025-04-02 |work=The Economic Times |issn=0013-0389}}</ref> In 2018, the company raised ₹745 crore (US$87 million) from investors including General Atlantic.<ref>{{cite news |last1=Raghavanaghavan |first1=Ranjani |date=19 June 2018 |title=IIFL Wealth raising $110 mn from Ward Ferry, General Atlantic and others |url=https://www.vccircle.com/iifl-wealth-raising-110-mn-from-ward-ferry-general-atlantic-and-others/ |publisher=[[VCCircle]]}}</ref><ref>{{Cite news |date=2018-06-20 |title=IIFL Holdings advances 3% as arm sells stake for Rs 746 crore |url=https://economictimes.indiatimes.com/markets/stocks/news/iifl-holdings-advances-3-as-arm-sells-stake-for-rs-746-crore/articleshow/64659577.cms?from=mdr |access-date=2025-04-02 |work=The Economic Times |issn=0013-0389}}</ref>

In 2018, it purchased [[Chennai]]-based Wealth Advisors India for ₹235 crore (US$27 million).<ref name="ec2">{{cite news |last1=Mahesh |first1=Prashant |date=16 October 2018 |title=IIFL Wealth Management acquires Wealth Advisors |url=https://economictimes.indiatimes.com/markets/stocks/news/iifl-wealth-management-acquires-wealth-advisors/articleshow/66248290.cms |publisher=[[The Economic Times]]}}</ref> In 2019, the company demerged from IIFL Holdings to become an independent entity, listing on the [[National Stock Exchange of India|NSE]] and [[Bombay Stock Exchange|BSE]] on 19 September 2019.<ref>{{Cite web |title=BSE India |url=https://www.bseindia.com/stock-share-price/iifl-wealth-management-ltd/iiflwam/542772/ |access-date=13 November 2020}}</ref><ref>{{Cite news |date=15 March 2019 |title=NCLT approves demerger of IIFL Group into 3 entities |url=https://economictimes.indiatimes.com/markets/stocks/news/nclt-approves-demerger-of-iifl-group-into-3-entities/articleshow/68419073.cms |publisher=[[The Economic Times]]}}</ref> In 2020, it acquired [[Larsen & Toubro|L&T Capital Markets]], a subsidiary of L&T Finance Holdings, for ₹2.3 billion, adding ₹100 billion in AUM.<ref>{{Cite news |date=23 August 2019 |title=IIFL Set To Acquire L&T Finance's Wealth Management Arm For Rs 250 Crore |url=https://www.bloombergquint.com/business/iifl-set-to-snap-up-l-t-fin-s-wealth-mgmt-arm-for-rs-250-cr |publisher=[[Bloomberg Quint]]}}</ref><ref>{{Cite news |date=24 April 2020 |title=IIFL completes acquisition of L&T Finance's wealth management business |url=https://www.moneycontrol.com/news/business/markets/iifl-completes-acquisition-of-lt-finances-wealth-management-business-5186041.html |publisher=[[Moneycontrol]]}}</ref>

In March 2022, [[Bain Capital]] agreed to acquire a 24.9% equity stake for approximately ₹3,680 crore, leading to a partial exit by General Atlantic and Fairfax India.<ref name=":3">{{Cite news |date=2025-03-21 |title=US investor Bain to buy 18% in Manappuram Finance for Rs 4.4k crore |url=https://timesofindia.indiatimes.com/business/india-business/us-investor-bain-to-buy-18-in-manappuram-finance-for-rs-4-4k-crore/articleshow/119278648.cms#:~:text=In%202022,%20Bain%20Capital%20had,Finance%20for%20Rs%203,004%20crore. |access-date=2025-04-02 |work=The Times of India |issn=0971-8257}}</ref> In November 2022, the firm rebranded as 360 ONE, renaming its divisions as 360 ONE Wealth and 360 ONE Asset.<ref>{{Cite news |date=2022-11-17 |title=IIFL Wealth, Asset Management to rebrand itself as 360 ONE |url=https://economictimes.indiatimes.com/mf/mf-news/iifl-wealth-asset-management-to-rebrand-itself-as-360-one/articleshow/95579170.cms?from=mdr |access-date=2025-04-02 |work=The Economic Times |issn=0013-0389}}</ref><ref name=":02" />

In 2024, it acquired [[ET Money]] for ₹3.7 billion, and in 2025 announced plans to acquire Batlivala & Karani Securities and Batlivala & Karani Finserv for ₹18.8 billion.<ref name=":1" /><ref>{{Cite web |last=Narayanan |first=KS Badri |date=2025-01-27 |title=360 One WAM to acquire B&K Securities for ₹1,884 crore |url=https://www.thehindubusinessline.com/markets/360-one-wam-to-acquire-bk-securities-for-1884-crore/article69147076.ece |access-date=2025-04-02 |website=BusinessLine |language=en}}</ref><ref>{{Cite web |title=360 ONE’s B&K deal may narrow its valuation premium over Nuvama Wealth |url=https://www.livemint.com/market/mark-to-market/360-one-b-k-deal-b-k-securities-b-k-finserv-nuvama-wealth-360-one-acquisition-of-batlivala-and-karani-group-11740552625408.html |website=Mint}}</ref><ref name=":2" /> In April 2025, 360 ONE acquired UBS's onshore wealth management business in India for ₹307 crore, while UBS acquired warrants representing a 4.95% stake in 360 ONE.<ref name=":4">{{Cite news |date=2025-04-22 |title=UBS to sell India wealth business to 360 ONE, take 5% stake in India partner |url=https://www.thehindu.com/business/ubs-to-sell-india-wealth-business-to-360-one-take-5-stake-in-india-partner/article69477373.ece |access-date=2026-03-14 |work=The Hindu |language=en-IN |issn=0971-751X}}</ref>

== Operations and structure ==
The group's operations are divided into several units managed through specialised subsidiaries.<ref name=":5">{{Cite news |last=Mascarenhas |first=Rajesh |date=2023-09-07 |title=360 One WAM, earlier known as IIFL Wealth & Asset Management, goes global; forms a new team |url=https://economictimes.indiatimes.com/industry/banking/finance/360-one-wam-earlier-known-as-iifl-wealth-asset-management-goes-global-forms-a-new-team/articleshow/103443860.cms?from=mdr |access-date=2026-03-14 |work=The Economic Times |issn=0013-0389}}</ref> The wealth management division handles investment advisory and estate planning via 360 ONE Distribution Services and 360 ONE Portfolio Managers,<ref name=":5" /> while lending services are provided by 360 ONE Prime. The asset management arm, comprising 360 ONE Asset Management and 360 ONE Alternates, oversees public and private market investments.<ref>{{Cite web |title=Tech in Asia - Connecting Asia's startup ecosystem |url=https://www.techinasia.com/news/indian-wealth-firm-unit-360-asset-raises-254m |access-date=2026-03-14 |website=www.techinasia.com |language=en-US}}</ref> Following the 2024 acquisition of [[ET Money]], the company manages mutual fund distribution through digital channels. Institutional operations are conducted via 360 ONE Capital Market and 360 ONE Treasury Solutions.<ref>{{Cite web |last=Joshi |first=Manish |date=2024-06-14 |title=360 ONE WAM-ET Money: A win-win deal {{!}} Stock Market News |url=https://www.livemint.com/market/mark-to-market/360-one-wam-et-money-a-win-win-deal-11718346847501.html |access-date=2026-03-14 |website=mint |language=en}}</ref>

== Collaborations and publications ==
The firm periodically publishes reports on wealth trends. Notable publications include ''The Wealth Index'', produced with Wealth-X (2018)<ref>{{Cite web |date=2024-11-12 |title=360 ONE Wealth launches Wealth Index |url=https://www.thehindubusinessline.com/news/360-one-wealth-launches-wealth-index/article68859115.ece |access-date=2026-03-14 |website=BusinessLine |language=en}}</ref> and [[CRISIL]] (2024),<ref>{{Cite news |date=2024-11-13 |title=What the wealthy do to get richer? A wealth index report reveals secrets |url=https://economictimes.indiatimes.com/news/india/what-the-wealthy-do-to-get-richer-360-one-wealth-and-crisils-wealth-index-report-reveals-secrets/articleshow/115222105.cms?from=mdr |access-date=2026-03-14 |work=The Economic Times |issn=0013-0389}}</ref><ref>{{Cite web |date=2025-06-18 |title=93% of richest Indians’ wealth linked to listed firms: 360 ONE report |url=https://www.financialexpress.com/money/93-of-richest-indians-wealth-linked-to-listed-firms-360-one-report-3883653/ |access-date=2026-03-14 |website=The Financial Express |language=en}}</ref> and various annual rich lists compiled with Hurun India between 2019 and 2023.<ref name=":02" />

== References ==
{{reflist}}

== External links ==
{{portal|Companies|India}}
* {{Official website|https://www.360.one/}}

{{DEFAULTSORT:360 One WAM}}
[[Category:Investment management companies of India]]
[[Category:Financial services companies based in Mumbai]]
[[Category:Indian companies established in 2008]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:2008 establishments in Maharashtra]]
[[Category:Asset management companies]]

360 One WAM - Revision history

Srivatsan at 18:31, 24 April 2026