Proof Of Performance Nabs Investment From YourNest Angel Fund

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New Delhi: The early stage venture capital firm YourNest Angel Fund has made their maiden investment in Proof of Performance Data Services (PoP). The amount invested is undisclosed. The company plans to use the fund for infrastructure facilities, product extensions, and technology adoption. Also, it plans to strengthen its technology platform, Earthive, with this fund.

PoP offers insights to decision makers based on video analytics from the archives of the real world videos, available on it’s cloud based platform, Earthive. It also provides a robust tamper-proof data for accountability and advanced analytics and measurements.

The privately held company is a CIIE Portfolio company and was founded in 2010. It is based out of Noida. PoP was seed funded by the Department of Science and Technology.

YourNest Angel Fund invests in businesses built on new and innovative ideas. It provides value to the first generation entrepreneur through mentoring, coaching, and business process development. The firm is SEBI registered and seeks to raise 100 crore from Indian investors to invest in the post incubation stage of a venture and plans to build a portfolio of 15-18 exciting Indian companies by investing up to 5 crore each in the initial round of funding.

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