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YourNest closes Rs 400 Cr continuation fund to back portfolio startups

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YourNest closes Rs 400 Cr continuation fund to back portfolio startups

Deeptech-focused venture capital firm Your best has closed a Rs 400 crore continuation fund named YourNest Continuum Fund I.

The new fund is anchored by HDFC AMC Select Fund of Funds I and will continue backing some of the firm's top-performing portfolio companies. 

The continuation fund will deploy around Rs 60–90 crore across a portfolio of seven startups, including Miko, Dozee, Exponent Energy, Twid, Opkey, and Thriwe. 

Founded in 2011 by Sunil Goyal, YourNest focuses on deeptech investments across artificial intelligence, enterprise software, healthcare technology, mobility, and consumer technology. 

The firm said the new vehicle will provide liquidity to existing investors while allowing it to remain invested in high-growth companies for another five to seven years as they scale towards strategic acquisitions or public listings. 

According to Goyal, continuation funds are becoming an important mechanism for creating liquidity in venture capital while retaining ownership in quality assets that have already crossed early-stage technology and market-validation risks. 



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