YourNest Venture Capital

YourNest Venture Capital is a Gurugram-based, early-stage fund established in 2011 to nurture global market leaders from India, led by Managing Director and Fund Manager Sunil K Goyal. Sharply focused on the 'Pre-Series A' stage, it backs product-led, IP-backed startups in DeepTech — spanning AI, IoT, robotics, space tech, quantum computing, AR/VR/MR, edge cloud and health tech — alongside enterprise (B2B) software. The firm has built a thesis around India's shift from an IT-services outsourcing hub to an IP- and patent-driven 'Product Nation', and operates a distinctive horizontal partnership model with a high partner-to-founder ratio, deliberately investing in a small number of founders and concentrating its efforts on each. YourNest has launched three funds roughly every five years: Fund I (2012, ~$14M, 16 companies, with exits including Uniphore and SmartQ returning much of the corpus); Fund II (2017, ~$30M/₹215 crore, 19 deep-tech startups such as Miko, Dozee and Exponent Energy); and Fund III, a ~$69M vehicle anchored by India's sovereign National Investment and Infrastructure Fund (NIIF). Its three funds carry a cumulative AUM of about $53 million valued near $1.2 billion as of May 2025, across 58 companies that include one unicorn — conversational-AI leader Uniphore — and nine acquisitions, with the firm targeting ₹2,000 crore in AUM over the next three years.