Investor Corner

Investor Corner

CEO's LettersBeing an angelInvestment ThesisInvestment ApproachFund StructureFAQs

Letter to Angels

YourNest Letter to the Angel Investors (Quarterly Report – Dec’31, 2016)
Letter from the CEO (Half-yearly Report – Sep’30, 2016)
Letter from the CEO (Annual Report – Mar’31, 2016)
Letter from the CEO & Fund Manager (Quarterly Report - Dec'31, 2015)
Ease of Doing Business – Setting up and Managing a Venture Capital Fund made easy (Nov'30, 2015)
Letter from the CEO & Fund Manager (Half-Yearly Report - Sep'30, 2015)
Letter from the CEO & Fund Manager (Annual Report - Mar'31, 2015)
Letter from the CEO & Fund Manager (Quarterly Report - Dec'31, 2014)
Letter from the CEO & Fund Manager (Half-Yearly Report - Sep'30, 2014)
Letter from the CEO & Fund Manager (Annual Report - Mar'31, 2014)
Letter from the CEO & Fund Manager (Quarterly Report - Dec'31, 2013)
Letter from the CEO & Fund Manager (Half-Yearly Report - Sep'30, 2013)
Letter from the CEO & Fund Manager (Annual Report - Mar'31, 2013)
Letter from the CEO & Fund Manager (Quarterly Report - Dec'31, 2012)
Letter from the CEO & Fund Manager (Half-Yearly Report - Sep'30, 2012)
Letter from the CEO & Fund Manager (Annual Report - Mar'31, 2012)
Letter from the CEO & Fund Manager (Annual Report - Mar'31, 2011)

Economic sentiments down, but angel investors most active in 2013

BANGALORE: Dozens of startups across the country raised seed money this year as India's top angel networks stepped up investments ...
Read More

Venture Capitals seek Angel Investors to grow Seed Portfolio

MUMBAI: Top-tier venture capital firms in India are roping in successful entrepreneurs and executives as coinvestors as they look to ...
Read More

Start-ups get budget push

Finance minister P Chidambarams new measures to support the countrys start-up ecosystem, including recognising angel investment, giving CSR status to ...
Read More

Changing trend in angel investing: Businessmen, senior executives rush to join IAN, Mumbai Angels and others

MUMBAI: Angel investing - affluent individuals providing capital for startups - has been the preserve of serial entrepreneurs. But increasingly, ...
Read More

Rich Indians warming up to angel investing

BANGALORE: Lured by the prospect of big returns, a number of moneyed Indians are taking lessons on how to invest ...
Read More

Investment Thesis

Smart investors demonstrate capability to invest in the right idea, early. They are not only supportive, collaborative, friendly but also back the venture and stay invested. Most importantly, they know when to exit.

To build successful, performance centric teams creating powerful brands, YourNest, invests up to Rs. 50 million in a start-up, for a significant minority equity stake in the venture.

In choosing to be in the pre-series A round of funding, we strive to create inspiring workplaces that give disproportionate returns. Tremendous time and energy is allocated to making successful businesses with a strong DNA. The core of our business model to deliver superior returns is talent pool, because it is the people behind the idea who take calculated risk, listen to customer needs and translate them into mega opportunities. These individuals have to leverage scarce resources and constraints, get charged with motivators such as power, money or serving the people.

Our investment thesis can be stated in one line: Start-ups are driven by people – their vision, beliefs, values and individual initiative – more than the technology or business models.

Investment Approach

Our approach towards investing is three-pronged. It focuses on delivering superior returns, mitigating risks and executing healthy exits.

Delivering Superior Returns
Mitigating Risk
Executing Healthy Exits

Fund Structure

  • The fund is a SEBI registered domestic venture capital fund (IN/VCF/11-12/0226 dated November 30, 2011).
  • YourNest Angel Fund is managed as a Trust with IL&FS Trust Company Limited is the Trustees.
  • Deloitte Haskins & Sells are the Statutory Auditors of YourNest Angel Fund – Scheme 1.
  • Orbis Financial Corporation acts as the Custodians of the Fund.
  • KPMG acts as the Tax & Regulatory Advisors of the Fund.
  • Fund Size planned at Rs. 100 crores.
  • Founders’ investment commitment is Rs.3 crores.
  • Investment or Commitment period for fresh investments by the fund is 4 years from initial close.
  • Life of the fund is 8 years + 2 years. In general the investment holding period is 4-6 years.
  • Minimum Capital Commitment of Rs. 25 lakhs and in multiples of Rs.5 lacs thereafter.
  • Planned Capital Calls – 5%-10% of commitment each quarter.
  • Management Fees – 2% per annum of Fund Corpus but all adjusted for at the time of distribution of sale proceeds.
  • Hurdle Rate – 12% per annum.

FAQs

Disclaimer: This is an Investor education initiative by YourNest. For specific information on related laws, rules, regulations, guidelines and directives framed there under, please refer and study details on the website of SEBI (Securities Exchange Board of India), The Companies Act’2013 (Ministry of Corporate Affairs), The Income Tax Act’1961, RBI (Reserve Bank of India), Press notes of Ministry of Finance (MoF) & the Ministry of Commerce (MoC).

What is Venture Capital?
Who is Venture Capitalist?
What are the funding options available to a start-up?
Who can be an Angel Investor?
How does Angel Investing differ from Venture Capital?
How are Venture Capitalists different from other Investors?
Why Invest in Venture Capital in India?
What benefits does a start-up derive from Venture Capitalist?
What impact does Venture Capital have on the economy?
How do Venture Capitalists realize a return on their investment?
How does an investor in a Venture Capital Fund (VCF) get return on Investment?
What is Private Placement Memorandum (PPM)?
How does a Venture Capitalist get paid for the services offered?
What will be the tax liability on realised profit from Investments made in Indian VCF?
What is the difference between Venture Capital (VC) and Private Equity (PE)?
How does a Venture Capital Fund mitigate “high-risk” involved in early stage companies?