YourNest Continuum Fund I: A Key Player in Deeptech Investments

YourNest has launched its latest Rs 400 crore continuation fund, named YourNest Continuum Fund I. This fund is primarily backed by the HDFC AMC Select Fund of Funds I and will continue to support several of the firm’s most successful portfolio ventures.

Investment Strategy of YourNest Continuum Fund I

The newly established fund is set to allocate approximately Rs 60–90 crore across a curated selection of seven startups, including Miko, Dozee, Exponent Energy, Twid, Opkey, and Thriwe. YourNest, established in 2011 by Sunil Goyal, has developed a strong focus on deeptech investments covering sectors such as artificial intelligence, enterprise software, healthcare technology, mobility, and consumer technology.

Benefits of the Continuation Fund

This continuation fund aims to provide liquidity for existing investors while enabling the firm to retain investments in high-growth companies over the next five to seven years, preparing them for strategic expansions or public listings. Goyal has pointed out the importance of continuation funds as a significant method of creating liquidity in venture capital, all while maintaining ownership of valuable assets that have successfully navigated early-stage technology and market-validation challenges.