At YourNest, we engage with startups which have an idea that has been translated into a product and have customer validation. Our founders are committed young entrepreneurs who we label ‘Challengineers’ – people who actively question the status quo to create disruptive products and continually push boundaries that engineer new outcomes. Between the two funds, we count six investments that promise to be Dragons i.e. ‘fund makers’ who can return the entire corpus in a single exit.
The YourNest team has come together to create a better world with the use of pathbreaking technologies. We are committed to our mission of identifying and investing in Challengineer-founders and on nurturing global market leaders from India with the best available resources to make a positive difference and repay the trust reposed in us by our investors.
YourNest India VC Fund II was launched in January 2017 with a focus on building world-class, enterprise-oriented opportunities from India that serve global markets. The fund thesis focuses on digitising life and work, and smart physical systems. The fund has received participation from UHNIs and multiple institutions including our anchor investor: the Indian Govt.-backed Electronics Development Fund. The fund held its final closure in January 2020 with a total capital commitment of INR 215 cr (USD 30 mn).
YourNest Angel Fund was launched in March 2012 and raised INR 90 cr (US$ 14 mn) that has been fully deployed its capital across 16 companies. The Fund thesis focuses on the technology-enabled sector which includes ventures in mobile, internet, cloud, software and analytics. In November 2017, the fund became the youngest fund to be ranked in Preqin’s Top 10 Alternative Assets in India.