**360 ONE Asset Explores Investment Opportunities in Consumer Startups**
**Meta Description:** 360 ONE Asset is considering investments in consumer startups like Walko Foods and Kapiva, with funding discussions ranging from $25 million to $50 million.
**URL Slug:** 360-one-asset-investments-consumer-startups
**Headline:** 360 ONE Asset Evaluates Investment in Walko Foods and Kapiva
In a strategic move to bolster its investment portfolio, 360 ONE Asset is currently assessing opportunities in several consumer-oriented startups, including Walko Foods, the producer of NIC Ice Creams, and the ayurvedic wellness brand Kapiva. Sources familiar with the discussions revealed that the funding rounds under consideration are between $25 million and $40 million, potentially involving contributions from existing investors.
Kapiva is reportedly in negotiations to secure $40-50 million in a new funding round, which may include a secondary component that would allow early investors to exit. The company has garnered interest from various investors, including 360 ONE. Meanwhile, Walko Foods is in talks for a $30-35 million funding round with 360 ONE and other investors to facilitate its expansion plans. Recently, Walko acquired Mumbai-based artisanal dessert brand Meemee’s, marking its entry into the premium dessert market.
It is important to note that negotiations with both companies are still in progress, and the final deal structures may evolve. However, 360 ONE is anticipated to emerge as a new investor in these funding rounds if they come to fruition. A spokesperson for Walko emphasized that the fundraising aligns with their long-term growth strategy, stating, “As these progress, we’ll be better placed to share future plans. Walko’s strong 45–50% year-on-year growth is further bolstered by the acquisition of MeeMee’s, and the next strategic step is to scale this brand nationally.”
While 360 ONE declined to comment on the discussions, Kapiva did not respond to inquiries regarding the funding.
Both Kapiva and Walko have successfully raised capital in the past year, with Kapiva securing approximately $10 million from existing investors in September and Walko raising $20 million from Jungle Ventures in February 2024. 360 ONE Asset, which manages over $3 billion across its venture capital and private equity platforms, has intensified its deal-making activities recently. The firm has launched several sector-focused funds, including a ₹500 crore early-stage fund, a ₹5,000 crore secondaries fund, and a healthcare-focused private equity fund, among others. Additionally, a consumer-focused fund is set to be introduced soon.
Abhishek Nag, strategy head of early-stage VC at 360 ONE, stated, “We have launched these funds as we believe there is a lot of depth in the kind of opportunities we are seeing today. There is immense scope for good returns as exit strategies evolve for new-age companies. We also have the ability to offer expertise, and another way to think about the depth in the market is to have the right size of funds chasing those companies.”
**FAQ**
**What startups is 360 ONE Asset considering for investment?**
360 ONE Asset is evaluating investments in consumer startups such as Walko Foods and Kapiva, with funding discussions ranging from $25 million to $50 million.