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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The VC’s latest continuation vehicle and a larger fourth fund in the works signal a shift away from early-stage investing to longer and bigger commitments.
It has been a busy month of announcements for YourNest Venture Capital.
Earlier this month, the deep-tech investor announced the closure of its Rs 400 crore Continuum Fund I, designed to back seven of its top-performing portfolio companies. The fund allows it to provide liquidity to existing investors and continue to stay invested in these companies until they get listed or acquired.
Before that, the Gurugram-based VC firm formally closed its maiden fund, launched in 2012. Its Rs 83.4 crore initial investment had translated to Rs 350 crore in returns, effectively working out to a distributed-to-paid-in capital (DPI) multiple of …
