YC

Yournest Venture Capital

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YourNest Capital Advisors Pvt Ltd - Market Research Report



Company Overview



  • Name: YourNest Capital Advisors Pvt Ltd

  • Mission: Focused on disruptive technologies to enhance the way mankind leverages the value of time, YourNest invests in startup founders across a spectrum of DeepTech domains like AI, IoT, Robotics, AR/VR/MR, DevTools, Edge Cloud, and other digital products.

  • Founded: 2011

  • Key People:

  • Sunil K Goyal, Managing Director and Fund Manager

  • Girish Shivani, Executive Director and Fund Manager

  • Sanjay Pande, Director and Fund Manager

  • Dr. Vivek Mansingh, General Partner

  • Venkat S. Raju, Venture Partner

  • Mohit Hira, Venture Partner

  • Ranjeet Shetye, Venture Partner

  • Ketan Krishna, Venture Partner

  • Headquarters: 416, 4th Floor MGF Metropolis Mall, Near M.G. Road Metro Station, Gurgaon, India

  • Number of Employees: No information is available

  • Revenue: No information is available

  • Known For: Sharply focused early-stage DeepTech VC fund from India.


Products



Fund III


  • Focus on AI, IoT, Robotics, AR/VR/MR, Development Tools, Edge Cloud, and Digital products.

  • Provides opportunities for Indian entrepreneurs to expand into global markets with IP-led innovations.

  • Designed as Nurture Capital, which provides comprehensive support beyond just financial investment.


Recent Developments



New Investments and Partnerships:


1. Induz
  • Raised USD 780,000 in funding led by YourNest.

  • Specializes in data security and confidential computing.

  • Utilizes Intel SGX technology for secure data management.

  • Targets sectors like insurance, FinTech, banking, and government.

2. DeepMatrix
  • Geospatial data solutions provider.

  • Raised $1.6 Mn in a Pre-Series A funding round co-led by YourNest.

  • Plans to expand product offerings and enter markets in the US and Australia.

3. EtherealX
  • Developing reusable launch vehicles for satellites.

  • Raised $5 million in a funding round led by YourNest.

  • Funds to be used for test facility completion and engine manufacturing.


Other Notable Investments:


  • Aliste Technologies: Smart home technology enabler with a subscription model for home appliances.

  • Datoms: Platform for equipment as a service for asset-heavy industries.

  • Exponent Energy: Provides rapid recharging solutions for logistics space.

  • Miko: Companion robot for kids, engaging in activities across 140 countries.

  • WIOM: PDOA offering affordable Internet solutions under India's PM-WANI framework.

  • Dozee: Contactless remote health monitoring startup.


Exits:


  • Uniphore: Successful exit, originally invested in with a commitment of INR 9.9 mn, achieving a 6.6x return.

  • Momspresso: Acquired by Honasa Consumer, recording an IRR of 20.6% and a 4.3x overall investment return.

  • CoveIoT: Acquired by BoAt India, with an overall 2.8x investment return.


Recent Developments



  • Induz Raised Funding: In November 2024, Induz raised USD 780,000 led by YourNest to develop hardware solutions for confidential computing.

  • DeepMatrix Fundraising: In October 2024, DeepMatrix raised $1.6 million to advance geospatial data solutions.

  • EtherealX Financing: In October 2024, EtherealX raised $5 million for developing reusable launch vehicles.

  • Continued Investment in Miko and Dozee: Adding to Fund III as part of crossover strategy.


More Details



Extended Portfolios:


YourNest's portfolio companies include leading-edge startups like QpiAI, Aliste, WIOM, and Dozee, among others, focusing on various innovative and scalable tech solutions, serving global markets with a particular interest in AI, IoT, smart tech, healthcare, and spacetech.

Investment Strategy:


YourNest follows a rigorous selection process for investments to nurture future tech leaders, combining financial, strategic, and mentoring support. The company approaches investments with a 'Nurture Capital' philosophy ensuring a comprehensive support system for startups, nurturing them to scale successfully in global markets.