Over 30 per cent of the fund's investors comprise existing family offices and high net worth individuals (HNIs) who had invested in the early stage VC's earlier funds, and incoming investors
The company will use the funds for market expansion overseas
YourNest invests in pre-Series-A funding of start-ups and competes with other VC firms such as Blume Ventures
Company's India Fund II will allow it to invest in about 25-30 start-ups