They will be replacing Satish Mulugavalli who has co-founded RuleZero
YourNest announced significant changes to its leadership team in preparation for the launch of its forthcoming YourNest Innovative Products VC Fund III. Bangalore-based Venkat Raju, Austin-based Ranjeet Shetye and Mohit Hira from Gurgaon has become a part of the team
Ranjeet Shetye has been associated with YourNest since 2016 as an investor and has been an integral part of the start-up eco-system in the USA and India for many years now, Venkat Raju is a well-known serial entrepreneur with two successful exits in Silicon Valley and another out of Bangalore. Mohit Hira has been advising the firm, and some of its portfolio companies, on marketing and brand strategy since 2018.
Venkat Raju is an active leader in the start-up ecosystem in India and the US. He has been a part of various programs like Flipkart’s LEAP Accelerator program, Netapp Excellerator as a Mentor, HPE Start-up Catalyst Program as Advisor and many more.
Ranjeet Shetye has been actively involved with start-ups for 25 years now. He has enjoyed his multi-disciplinary experiences, with technology and leadership roles in DeepTech across CyberSecurity, Cloud, Crypto, SaaS, Networking, Telecom, Supply Chains, and allied domains. Startups in which he held pivotal roles were later acquired by companies like Alcatel, Cisco and Marvell.
A veteran advertising, media and marketing professional, Mohit Hira has been deeply involved with YourNest over the last three years. He has worked in global CXO roles in advertising, marketing and media companies including the WPP Group, NIIT, The Times of India Group, Open Magazine and Newsweek.
Speaking about the team, Sunil Goyal, Managing Director, said: “YourNest has been fortunate to have benefited from Satish’s wisdom over several years, and we wish him the very best as he strikes out on his entrepreneurial journey. However, we consider ourselves doubly blessed to have Venkat and Ranjeet joining us with their vast global experience and deep domain knowledge. Mohit has been an integral member of our team and, given his contributions, it was only natural that we redefine his role. Our portfolio founders are sure to benefit immensely from their inputs, and they will also strengthen our third fund.”