logo
logo

UBS to invest Rs 2,112 crore in 360 ONE WAM via warrants; announces strategic wealth tie-up

UBS to invest Rs 2,112 crore in 360 ONE WAM via warrants; announces strategic wealth tie-up

04/22/25, 3:27 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IN.svgindia
Money
₹2.11 billion
Industry
lending
finance
financial services
Type
partnership
UBS AG, a Swiss-based global financial powerhouse, announced a strategic collaboration with Indian wealth management firm 360 ONE WAM Limited to jointly offer wealth management services to Indian clients both domestically and globally. As part of the partnership, 360 ONE WAM will acquire the India onshore wealth management business of UBS AG, while UBS will invest Rs 2,112 crore in 360 ONE WAM through a preferential allotment of warrants.

Company Info

Company
360 ONE WAM Limited
Location
india
Additional Info
360 ONE WAM Limited is a leading wealth and investment management firm with a focus on providing comprehensive financial solutions to its clients. It has demonstrated strong year-over-year growth in revenue and net profit, and is known for its strategic acquisitions aiming to expand its retail and institutional investor base alongside high-net-worth clients.