YourNest Venture Capital has closed a ₹400 crore continuation vehicle, according to Business Line. The firm is using a specialised secondary structure designed to support existing portfolio assets through a continuation approach. Business Line reports that the vehicle is anchored by HDFC AMC Select FOF I. A continuation vehicle typically allows certain investors to roll over their investments into a new fund structure rather than exiting immediately, though specific terms and asset details were not provided in the available coverage. The report does not disclose the number of portfolio companies involved, the investment timeline, or the vehicle’s target sectors. It also does not specify whether other investors participated alongside the anchor. Overall, the confirmed elements across the provided source are the final size of the vehicle (₹400 crore), its classification as a specialised secondary/continuation vehicle, and the role of HDFC AMC Select FOF I as an anchor investor.
YourNest Venture Capital closes ₹400 crore continuation vehicle
YourNest Venture Capital has closed a ₹400 crore continuation vehicle, according to Business Line. The firm is using a specialised secondary structure designed to support existing portfolio assets thr...
- YourNest Venture Capital closes a continuation vehicle worth ₹400 crore.
- The vehicle is described as a specialised secondary continuation structure.
- HDFC AMC Select FOF I is reported as the anchor investor.
- The available reporting does not provide additional portfolio or deal specifics.
This specialised secondary vehicle was anchored by HDFC AMC Select FOF I
14 hours agoThis specialised secondary vehicle was anchored by HDFC AMC Select FOF I
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