High pressure behaviour of nanocrystalline YCrO3 is investigated up to 10 GPa using electrical, magnetic, synchrotron x-ray diffraction and Raman spectroscopy measurements. High pressure dielectric constant measurements show a sharp peak at 4.5 GPa, though the sample is found to be in ferroelectric phase up to the highest pressure of our study from piezoelectric current measurements. X-ray diffraction measurements show absence of any structural phase transition, however anomalies are observed in the unit cell structural parameters at about 4.3 GPa and the Y-atom position shows a maximum shift at the same pressure. In the absence of any structural transition, anomalous behaviour of relevant Raman modes with minimum in the Raman band width at about same pressure indicate towards a spin-phonon interaction. AC magnetic measurements in the toroid anvil cell show an anomalous enhancement of magnetic moment above 4 GPa indicating a collective magnetic response of nanoparticles.