360 One Wealth

360 ONE Wealth
TypePrivate
IndustryWealth management
Founded2008
FoundersKaran Bhagat, Yatin Shah
HeadquartersMumbai, India
Key peopleKaran Bhagat (Founder, Managing Director and CEO)
Yatin Shah (Co-founder of 360 ONE and CEO of 360 ONE Wealth)
Total assets₹7.11 lakh crore AUM (December 2025)
Parent360 ONE WAM Limited
WebsiteOfficial website

360 ONE Wealth is an Indian wealth management company that is part of 360 ONE WAM Limited, a financial services group. It was rebranded from IIFL Wealth Management to 360 ONE Wealth in November 2022. As of December 2025, 360 ONE WAM reported assets under management of over ₹7.11 lakh crore (US$79 billion).

History

The company was incorporated on 17 January 2008 as IIFL Wealth Management Limited, a subsidiary of the IIFL Group, with initial capital of US$3 million. It was founded by Karan Bhagat, Yatin Shah and Amit Shah.

In October 2015, General Atlantic acquired a 21.6% equity stake in the company for ₹1,122 crore. Between 2018 and 2019, the company acquired Chennai-based Wealth Advisors India for ₹235 crore and Bengaluru-based Altiore Advisors. During the same period, a consortium including HDFC Standard Life and Steadview Capital acquired a 5.1% stake for ₹745 crore.

Following a 2019 demerger of the IIFL Group sanctioned by the National Company Law Tribunal, IIFL Wealth Management became an independent entity. It was listed on the National Stock Exchange and the Bombay Stock Exchange on 19 September 2019. In April 2020, the company acquired L&T Capital Markets Limited for ₹230 crore. The acquisition added approximately ₹10,000 crore in assets under management.

In March 2022, Bain Capital acquired a 24.98% stake in the company for approximately ₹3,679.95 crore. The transaction included the sale of shares held by General Atlantic and FIH Mauritius Investments. The company was rebranded as 360 One in November 2022.

In June 2024, the company acquired the digital investment platform ET Money from Times Internet for ₹365.8 crore. In April 2025, it acquired UBS AG's onshore wealth management business in India for ₹307 crore.

The company's asset division received ₹2,000 crore in commitments for its private investment in public equity (PIPE) strategy.

Services and operations

360 ONE Wealth provides wealth management services to ultra-high-net-worth individuals, high-net-worth individuals and family offices. Its services include investment advisory, product distribution, lending, estate planning and corporate treasury. The company also provides investment and asset management services involving public equities, private equity, private credit and real assets.

It has operations in the United States, Canada, Dubai and Singapore.

References

  1. ↑ DAVE, NEHA. "360 One Wealth: steady performance in FY26 despite volatile markets". Retrieved 2026-05-07.
  2. ↑ "India's 360 One Loses". bloomberg. Retrieved 2026-05-07.
  3. 1 2 "Building unique business model" (PDF). Equity Research Report - Motilal Oswal.
  4. 1 2 3 "360 One wrote the wealth-management playbook. Now it is learning a hard lesson". The Ken. 2025-07-29. Retrieved 2026-05-07.
  5. ↑ Borate, Neil. "IIFL Wealth exits advisory business post SEBI circular" (PDF). livemint.
  6. ↑ "360 One Wealth" (PDF). Equity Research Report - HDFC.
  7. ↑ "A Study on Commodity Futures with Reference to Selected Precious Metal at IIFL Wealth Management". MLRIT&M.
  8. ↑ "Building unique business model" (PDF). Equity Research Report - Motilal Oswal.
  9. ↑ Arora, Rajat (2016-01-07). "General Atlantic". The Economic Times. ISSN 0013-0389. Retrieved 2026-05-07.
  10. ↑ Joshi, Malvika (2018-06-19). "IIFL arm looks to raise Rs746 crore from institutional investors". mint. Retrieved 2026-05-07.
  11. ↑ "IIFL Wealth raising $110 mn from Ward Ferry, General Atlantic and others". VCCircle. Retrieved 2026-05-07.
  12. ↑ India, Legally. "L&L acts for Steadview in $110m equity issue of IIFL Wealth to clutch of investors". www.legallyindia.com. Retrieved 2026-05-07.
  13. ↑ "IN THE NATIONAL COMPANY LAW TRIBUNAL, MUMBAI BENCH-I" (PDF).
  14. ↑ "IIFL Wealth hits the roof on listing". Business-Standard. Retrieved 2026-05-07.
  15. ↑ "NCLT approves demerger of IIFL Group into 3 entities". The Economic Times. 2019-03-15. ISSN 0013-0389. Retrieved 2026-05-07.
  16. ↑ "IIFL Wealth to acquire L&T Finance's wealth management business". mint. 2019-08-28. Retrieved 2026-05-07.
  17. ↑ "Bain Capital buys 24.98% stake in IIFL Wealth for nearly Rs 3,700 cr". Business-Standard. Retrieved 2026-05-07.
  18. ↑ Parmar, Beena (2022-03-31). "Bain Capital". mint. Retrieved 2026-05-07.
  19. ↑ Madhvendra (2026-01-29). "Why 360 One is pulling ahead in India's wealth management race". mint. Retrieved 2026-05-07.
  20. ↑ "360 One Wealth". Moneycontrol. Archived from the original on 2025-02-01. Retrieved 2026-05-07.
  21. ↑ C, Mansi Verma,Priyamvada (2026-01-20). "mint". mint. Retrieved 2026-05-07.{{cite web}}: CS1 maint: multiple names: authors list (link)
  22. ↑ Sil, Debarghya (2024-06-13). "Times Internet Sells ET Money To 360 One WAM In A $44 Mn Deal". Inc42 Media. Retrieved 2026-05-07.
  23. ↑ LI, Selena; Mukherjee, Hritam. "UBS in India". reuters.
  24. ↑ "360 One bags ₹2k cr for PIPE strategy; Wealth Company MF enters SIF space". BS.
  25. ↑ Kumar, Anishaa. "Wealth Index: Most HNIs and ultra HNIs have return expectations of 12-15%". www.moneycontrol.com.