YourNest, a deeptech-focused venture capital firm, has closed a continuation fund worth Rs 400 crore, according to economictimes.indiatimes.com. This fund will support the firm’s investments in early-stage startups specializing in deep technology sectors. The closure of this fund marks a significant capital infusion for YourNest as it continues to back innovation in India’s tech landscape.
The Rs 400 crore continuation fund was raised following strong interest from limited partners who are keen on supporting deeptech ventures. YourNest has built a reputation for identifying promising startups in areas such as AI, robotics, and advanced materials. The firm’s managing partners highlighted the fund’s role in enabling follow-on investments and scaling portfolio companies, reinforcing their commitment to nurturing deeptech innovation.
This fund closure comes at a time when India’s deeptech startup ecosystem is gaining momentum, with increasing investor appetite for cutting-edge technologies. YourNest’s continued focus on deeptech aligns with broader market trends where venture capital is shifting towards sectors with long-term technological impact. The Rs 400 crore fund positions YourNest among notable investors fueling India’s deeptech growth, alongside other specialized funds in the region.
YourNest’s new continuation fund will enable it to deepen its engagement with existing portfolio companies and explore new investment opportunities in the deeptech domain. The firm’s strategic focus on early-stage startups is expected to drive further innovation, with the fund’s capital deployment planned over the next few years, as per the economic times report.