ValueQuest Tristar Fund raises over Rs 2,100 Cr for advanced manufacturing
ValueQuest Tristar Fund, focused on India's advanced manufacturing, secured commitments exceeding Rs 2,100 crore, surpassing both its target and greenshoe limit in 15 months. Portfolio companies include Hi-Q Electronics (aerospace circuit boards), Rangsons Aerospace (fluid systems), Waaree Energy Storage, and TASE Global (precision engineering). The fund identifies specialized manufacturers positioned for long-term industry growth and sector turning points.
Key points
- Raised over Rs 2,100 crore from investors within 15 months
- Invests in aerospace, defence, precision engineering, and energy transition
- Portfolio includes four specialized manufacturers with cross-border operations
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