YourNest closes Rs 400 Cr continuation fund to support companies in its portfolio

YourNest Continuum Fund I, a continuation fund worth Rs 400 crore, has been closed by venture funding business with a deeptech focus Your Best.

HDFC AMC Select Fund of Funds I serves as the new fund’s cornerstone, and it will continue to support some of the company’s best-performing portfolio companies.

A portfolio of seven businesses, including Miko, Dozee, Exponent Energy, Twid, Opkey, and Thriwe, would get approximately Rs 60–90 crore from the continuation fund.

YourNest was founded in 2011 by Sunil Goyal and specializes in deeptech investments in consumer, healthcare, corporate, and artificial intelligence technologies.

According to the company, the new vehicle would give current investors liquidity while enabling it to stay involved in high-growth businesses for an additional five to seven years as they move toward strategic acquisitions or public listings.

Goyal claims that continuation funds are emerging as a key tool for generating venture capital liquidity while maintaining ownership of high-quality assets that have already surpassed early-stage technical and market-validation issues.