YourNest

Overview

YourNest Venture Capital is an early-stage venture capital firm headquartered in Gurgaon, India. Founded in 2011 by Girish Shivani, Sanjay Pande, and Sunil K Goyal, the firm focuses on investing in deep tech and B2B startups. YourNest is known for its distinctive approach termed 'Nurture Capital,' which emphasizes long-term engagement and ecosystem building for their portfolio companies. As of November 2024, YourNest has raised and managed multiple funds, with its approach rooted in supporting technological innovation in sectors such as IoT, AI, and enterprise software.

Recent Developments

August 2024: YourNest Venture Capital launched its third fund, expected to be more than double the size of its predecessor, focusing primarily on deep tech investments. This expansion is in response to the growing demand for advanced technology startups in India.
May 2024: YourNest led a new funding round for EtherealX, a Bengaluru-based space technology startup, securing $5 million. This move underscores YourNest's commitment to supporting innovative and high-potential technological ventures.
August 2023: YourNest collaborated with notable investors such as Lightspeed and 3one4 Capital in the latest round of funding for various promising startups, highlighting their role as a significant player in India's startup ecosystem.
December 2023: YourNest announced its participation in a funding round for a robotics startup, enhancing its investment portfolio in the robotics and AI sectors.
Throughout 2023 and 2024, YourNest continued to reinforce its focus on nurturing startup scalability and global market reach, with several portfolio companies securing patents and expanding internationally.

Attribute	Information
Founding Date	2011
Headquarters	Gurgaon, India
Founders	Girish Shivani, Sanjay Pande, Sunil K Goyal
Key Investors	Indian Angel Network, Techstars
Industry	Venture Capital, Deep Tech
Number of Employees	15

Early History

YourNest Venture Capital was established in 2011 with a mission to support deep-tech startups in India from the very beginning of their journeys. The idea was to go beyond mere capital infusion by creating an ecosystem termed 'Nurture Capital,' which would guide startups through strategic advisement and operational support. Initially, YourNest focused on tech-driven sectors like IoT and AI, identifying early-stage companies that displayed innovative capabilities and required mentorship alongside financial investments. This model helped YourNest stand out within the Indian venture landscape, enabling them to forge strong relationships with budding technology entrepreneurs.

Company Profile and Achievements

YourNest Venture Capital's business model revolves around identifying and supporting startups in deep tech sectors that show a strong potential for technological advancement and scalable business models. A key component of their strategy is the 'Nurture Capital' approach, which offers founders the guidance required to navigate the complexities of the startup environment.

Portfolio Growth: Since its inception, YourNest has developed a robust portfolio that includes multiple startups, some of which have gone on to achieve unicorn status.
Investment Milestones: YourNest has consistently participated in significant funding rounds, often in collaboration with other major VC players, further solidifying its status as a leading venture capital firm.
Strategic Partnerships: By partnering with international investors and venture networks, YourNest has facilitated cross-border growth opportunities for Indian startups, helping them to tap into global markets.
Technology Focus: The firm maintains a strong emphasis on deep tech sectors, investing heavily in areas such as IoT, robotics, AI, and blockchain.

Current Operations and Market Position

Today, YourNest Venture Capital is a prominent player in the Indian startup landscape. They hold a strong market position with a deep focus on technology-driven B2B startups. Their strategic initiatives include increasing their footprint in emerging sectors such as space technology and bioinformatics. With an active and growing investment portfolio, YourNest continues to push the boundaries of innovation by supporting startups that can leverage technology for scalable solutions.

Conclusion

YourNest Venture Capital has played a significant role in shaping the technology-driven startup ecosystem in India. By investing in deep tech startups and employing their 'Nurture Capital' approach, they have provided critical resources and mentorship that extend beyond financial investments. As YourNest continues to build and support a diversified portfolio, its impact on the venture capital landscape is expected to grow, nurturing the next generation of tech leaders in India and beyond.