ValueQuest Investment Advisors has successfully raised a ₹1,500-crore private equity (PE) fund targeting advanced manufacturing sectors such as aerospace, defense, and energy transition. The fund, named ValueQuest Tristar, has exceeded its initial target size and activated a greenshoe option of ₹500 crore. It aims to complete fundraising within the current calendar year.
The Mumbai-based firm plans to invest in 8–12 companies with check sizes ranging from ₹150 crore to ₹400 crore. The focus will be on businesses with established product-market fit, positive unit economics, and strong customer relationships. ValueQuest highlights the current opportune moment for capital deployment in advanced manufacturing sectors, with many companies in this space also exploring initial public offerings (IPOs).
Notable investments already made by the fund include Rangsons Aerospace, a precision manufacturing company catering to aerospace and defense clients, and Waaree Energy Storage Solutions, known for its lithium-ion cells and energy storage systems. In the defense sector, ValueQuest has been an early investor in key public sector undertakings like Mazagon Dock, Cochin Shipyard, Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), and Garden Reach Shipbuilders & Engineers.
Source: Entrackr : Latest Posts