New fund · Professional & Local Services

YourNest closes ₹400 Cr continuation fund

By Startup Enthusiast · 16 June 2026

What they do

YourNest Venture Capital backs early-stage deeptech startups in AI, healthcare, and enterprise software

It closed YourNest Continuum Fund I at ₹400 Cr, oversubscribed, anchored by HDFC AMC Select Fund of Funds I

The fund provides follow-on investments and liquidity for LPs, letting YourNest stay invested 5–7 more years

YourNest Venture Capital has closed a continuation fund called YourNest Continuum Fund I at ₹400 Cr.
The fund was oversubscribed and anchored by HDFC AMC Select Fund of Funds I.
Other limited partners (LPs) include marquee family offices, individual investors, and existing YourNest investors rolling over their stake.
The fund will provide follow-on investments for top-performing portfolio companies.
It will invest ₹60–90 Cr in a portfolio of seven companies.
The fund is positioned as a specialised secondaries vehicle for mature, high-potential assets nearing the end of fixed-term fund lifecycles.
It provides an immediate liquidity pathway to existing LPs and eliminates pressure for fire sales.
YourNest can remain invested for another 5–7 years as companies scale towards acquisitions or IPOs.

Continuation funds help LPs exit or roll over; alternative investment funds (AIFs) have an 8–10 year lifespan, but deeptech needs longer gestation (10–15 years in India).
The government increased the deeptech startup recognition period to 20 years from 10.
India's deeptech sector gets policy support: a ₹1 lakh Cr R&D scheme and Startup India Fund of Funds 2.0 with a ₹10,000 Cr corpus that includes deeptech.

YourNest Venture Capital is an early-stage venture capital firm founded in 2011.
It focuses on deeptech startups in AI, healthcare tech, enterprise software, mobility, and consumer tech.
It has backed 51 companies total, over 35 in deeptech.
Portfolio companies include Miko, Dozee, Thriwe, Opkey, Twid, and Exponent Energy.
It has achieved 10 exits with an average return of at least 5X–6X.
Fund I (2012) formally closed with a DPI multiple of 3.3X (distributed to paid-in capital, a measure of returns).
Companies in the continuation vehicle generated nearly 11-fold returns across earlier funds.

The fund will provide follow-on investments for top-performing portfolio companies.
YourNest will remain invested for another 5–7 years as companies scale towards acquisitions or IPOs.

HDFC AMC Select Fund of Funds I (anchor) — A fund of funds managed by HDFC Asset Management Company.