Daiwa Securities Invests $32 Million in Indian Wealth Manager 360 One

Japan's Daiwa Securities Group has agreed to invest $32 million in 360 One WAM, a major Indian wealth and asset manager. The deal will give Daiwa a small stake in the Mumbai-based company and aims to strengthen its presence in India's fast-growing financial market. The two firms announced a strategic partnership alongside the investment. They plan to collaborate on developing new investment products and sharing financial expertise. This move highlights increasing international interest in India's wealth management sector. A growing number of affluent individuals in the country is driving demand for specialized financial services. The transaction is expected to be completed by the end of September, pending approval from Indian regulators.