YourNest Capital Advisors announced that Nupur Garg, till recently Regional Lead-South Asia for International Finance Corporation (IFC) and an independent director on the Board of SIDBI has joined the Advisory Board for its Second Fund. Nupur is listed among India’s top 100 Women in Finance (AIWMI 2019) and her addition will lend significant strength and capabilities for YourNest India VC Fund II, the second fund from YourNest.
A CA and an MBA from MIT’s Sloan School of Business, Nupur has global experience spanning private equity investing, operations and finance in leading global organisations like PwC, Discovery Networks and IFC - an arm of the World Bank Group.
She has operated in different South Asian economies where she was instrumental in structuring and implementing complex business transactions and partnerships. Her professional journey has had a consistent entrepreneurial theme involving the building of businesses and teams; and has allowed her to develop a wide range of technical and functional skills. Her specific areas of expertise include private equity, strategy, investments and finance, governance and operations. At SIDBI, Nupur co-chairs the sub-committee for its Fund of Funds vertical and serves as an external expert on the investment committee for the INR 10,000 crore Fund of Fund for Start-ups. She is an active member of the Executive Committee and the Limited Partner Council at the Indian Private Equity & Venture Capital Association (IVCA). She is also a doting mother and lives with her husband and son in New Delhi.
Commenting on her joining the Advisory Board, Nupur Garg said, “I am pleased to be a part of YourNest. It is a very high performing team with a unique investment perspective, and I am looking forward to our journey together in shaping the fund as a long-term institutional platform.”
Nupur Garg joins the distinguished Advisory Board of YourNest India VC Fund II which includes names like Sharad Sharma, co-founder and Governing Council member of iSPIRT; Prof. Rishikesh T. Krishnan, former Director of Indian Institute of Management Indore; and M S Patil, Executive Vice President at CanBank Ventures and a nominee of Electronic Development Fund (EDF). Ashish Gupta, Founder & CEO, Benori Knowledge, who was also on the Advisory Board of YourNest has stepped down recently to focus on setting up Plaksha University as its Founder and Trustee. The Board remains grateful for his guidance and acknowledges his contribution in the formative years of YourNest India VC Fund II.
At YourNest Capital Advisors, the Advisory Board of its first fund – YourNest Angel Fund – included prominent names like Alok Mittal, Co-founder and CEO, Indifi Technologies; R. Satya Narayanan, Founder of Career Launcher; Prof. MM Pant -former Professor at IIT Kanpur, and Pro-Vice Chancellor of IGNOU; Purvi Parkeria, Fund Manager for IIFL Seed Ventures Fund I; Badri Agarwal, Corporate turn-around specialist and Ramesh G. Dharmaji, Chief General Manager of SIDBI and CEO of India SME Technology Services.