360 ONE Asset Touts $2.1 Billion Exits to Attract Fresh Funds

360 ONE's VC and PE business manages $3.6 billion in assets, up from $2.6 billion in August 2023, with 85 portfolio firms

- Mansi Verma

As global and domestic investors pour fresh money into India's private equity (PE) and venture capital (VC) scene, one of the country's largest homegrown platforms is leaning on a strong exit record to fuel its next phase. 360 ONE Asset has returned $2.1 billion to its limited partners through recent exits, chief investment officer and head of VC & PE business Sameer Nath told Mint.

The firm's exits include initial public offerings (IPOs) such as Bikaji Foods International Ltd, Computer Age Management Services Ltd (CAMS), ICICI Lombard General Insurance Co. Ltd, Protean eGov Technologies Ltd, Northern ARC Capital Ltd, Policybazaar parent PB Fintech Ltd and Swiggy Ltd, alongside private deals like Leap India's sale to KKR, Ustraa's acquisition by VLCC, Pickrr's acquisition by Shiprocket, and Multiples' investment in Kogta Financial.