Deepinder Goyal and Navil Noronha: a study in contrasting exits
And what that says about how far Eternal can push its norm-defying acts
The Ken Podcast
Beneath 360 One Wealth and Asset Management's shiny exterior, a few cracks have started appearing. Big names are leaving, shareholders are offloading stock and younger, nimbler competitors are rising up
On paper, 360 One Wealth and Asset Management looks flawless: a ₹42,000 crore market cap, among India’s largest pools of assets under management, and a co-founder CEO with a near-mythical reputation.
But beneath that shine, the cracks are widening. Within a year, three of its most influential leaders—including co-CEO Anirudh Taparia—walked out, with over 100 employees following. Promoters and insiders are offloading stock, and even early backers like Bain Capital are quietly easing out.
Officially, 360 One insists attrition is low and the fortress is intact. But industry insiders say otherwise—that the real impact of these exits is only beginning to play out.
In this episode, we dig into the unraveling of an industry darling. Why are star rainmakers leaving? How deep does the unease among shareholders run? And what does it say about the future of wealth management in India as younger, more nimble rivals rise?
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