Whalesbook
New Defence and Spacetech Fund Launched
360 ONE WAM ki subsidiary 360 ONE Asset ne defence technology aur spacetech sectors ke liye ek naya multi-stage venture capital fund shuru kiya hai. Fund ka initial target corpus ₹1,000 crore hai aur yeh poori tarah domestic investors dwara backed hai. Abhishek Nag, head of early-stage VC at 360 ONE Asset, ne bataya ki firm ek greenshoe option exercise karne par विचार kar rahi hai, jisase fund ka total size ₹1,500 crore tak badh sakta hai, aur zyada investor demand ko accommodate kar sakta hai.
Fund ka aim growth, late-stage, ya pre-IPO phases mein lagbhag 15 se 20 deeptech companies mein invest karna hai. Main target segments mein defence technology, defence electronics, spacetech, aerospace, electronic warfare, aur allied industries shamil hain. Investment strategy explicit roop se scalable, intellectual property-driven platforms ko priority deti hai jinme commercial aur export potential ho, jabki sirf single programs ya launch cycles par nirbhar businesses ko avoid kiya jayega.
Average investment ticket size ₹40 crore aur ₹70 crore ke beech expect kiya gaya hai, jo company ke stage aur firm ke conviction par depend karta hai. Ab tak, fund ne Digantara, Sisir Radar, aur CoreEL jaise startups mein char investments poore kar liye hain, aur do aur investments reportedly negotiation ke advanced stages mein hain.
Market Tailwinds and Strategic Context
Is specialized fund ka launch India ke badhte defence aur space technology ecosystems mein institutional investor interest mein significant surge ke saath align karta hai. India ke defence exports ne substantial growth dikhaya hai, ₹12,815 crore (FY22) se ₹23,622 crore (FY25) ho gaya hai, jo 84% compound annual growth rate represent karta hai. Jabki defence tech market ke liye specific projections vary karti hain, overall Indian defence market substantial hai, jismein estimates ke according 2025 mein USD 18.41 billion aur 2030 tak USD 24.39 billion (5.79% CAGR par) hone ka projection hai. Original source material ne India ke defence tech market ko 2025 mein $7.6 billion se 2030 tak $19 billion (20% CAGR par) grow hone ka projection kiya tha.
Yeh naya fund 360 ONE Asset dwara May 2025 mein launch kiye gaye ₹500 crore ke early-stage VC fund ke baad aaya hai, jo seed aur Series A startups ko target karta tha across various high-growth sectors, jisme spacetech aur defence bhi shamil hain.
Company ke broader asset management platform mein venture capital aur private equity arm mein INR 30,000 crore se zyada manage hote hain, aur total alternative aur public market assets under management $10 billion ke paas hain. Zyada recent figures batati hain ki overall Assets Under Management (AUM) December 2025 tak ₹7,11,398 crore thi.
Financial Performance and Market Standing
Fund launch ke saath parallel, 360 ONE WAM ne fiscal year 2026 ki teesri quarter (ending December 31, 2025) ke liye strong financial results report kiye hain. Profit After Tax (PAT) mein 20.3% ka year-on-year increase dekha gaya, jo ₹331 crore tak pahunch gaya. Quarter ke liye total revenue 21.8% YoY badhkar ₹826 crore ho gaya, aur revenue from operations 33.2% badhkar ₹806 crore ho gaya.
January 21, 2026 tak, 360 ONE WAM stock lagbhag ₹1,095.30 par trade kar raha tha. Company ka Price-to-Earnings (P/E) ratio approximately 38.0 se 38.92 hai, jo iski market valuation ko reflect karta hai.
Stock exchanges ko issue ki gayi ek clarification mein, 360 ONE ne bataya ki various mutual fund aur Alternative Investment Fund (AIF) schemes ka launch aur mobilization company ki ongoing, recurring business activities ka hissa hai.