360 One Lifts Valuation of India's National Stock Exchange to $29.9B

- 360 One Asset, an investor in India's National Stock Exchange (NSE), has increased its valuation of the stock exchange to $29.9 billion. - This new valuation is significantly higher than the $18 billion to $19 billion price tag from private transactions last year. - The wealth manager disclosed this updated valuation in June, reflecting growing confidence in India's economic prospects and a surge in public listings. - NSE reported a revenue of $1.94 billion for the financial year ending in March, a 28% increase from the previous year. - The increase in valuation highlights India's growing prominence in global financial markets, with NSE being the world's largest derivative exchange. Source: [Techcrunch](https://techcrunch.com/2024/08/23/360-one-lifts-its-valuation-of-indias-national-stock-exchange-to-29-9b/)