YourNest closes Rs 400 crore continuation fund (opens in new tab)

Deeptech-focused venture capital firm YourNest Venture Capital has closed a Rs 400 crore continuation fund, as it seeks to extend ownership in high-performing portfolio companies. The fund is anchored by HDFC AMC’s Select Fund of Funds I.The continuation vehicle will provide additional capital to support and hold select mature portfolio companies for longer, while also offering liquidity options to existing limited partners. The strategy comes as fund managers increasingly look beyond traditi...