Archive · 21 Jan 2026
360 One Launches ₹1,000 Crore Defence, Space Fund
360 One Asset, a company that manages investments, has started a new fund with ₹1,000 crore to invest in defence and space companies in India.
This fund is supported by Indian investors and aims to put money into 15-20 companies at different stages of growth.
The fund has already invested in four companies and is about to make a fifth investment.
The Indian government has been supporting the defence sector with better policies and higher spending, which makes this a good time to invest.
The fund managers believe that defence and space companies will grow because they are getting more orders and exporting more products.
They also think that big defence companies will buy smaller ones to get new technologies faster.
This is similar to what happens in other countries' defence markets.
360 One Asset has launched a ₹1,000 crore fund for defence and space investments, backed by domestic investors.
The fund aims to invest in 15-20 companies across various stages of growth, with four investments already made.
The Indian government's policies and increased defence spending have strengthened the investment case for the sector.
Defence exports from India have grown significantly, with a projected rise to ₹50,000 crore in the next few years.
Large defence companies are increasingly looking to acquire startups to gain new capabilities and technologies.
- Who
- 360 One Asset’s private equity and venture capital arm
- What
- Launched a ₹1,000 crore fund focused on defence and space investments
- When
- Expected to reach a final close within the next two months
- Where
- India
- Why
- To invest in 15-20 companies across the defence and space value chain, backed by domestic limited partners
- Fund Size
- ₹1,000 crore
- Target Investments
- 15-20 companies
- Investment Stages
- Series A to pre-IPO and late-stage private equity
- Current Investments
- 4 investments made, 1 pending
- Defence Exports Growth
- 84% CAGR from FY22 to FY25
- Projected Exports
- ₹50,000 crore in the next few years
- Fund Managers
- Sandeep Maheshwari and Abhishek Nag
- Expected Close
- Within the next two months
