Commitments milestone · Industrial tech

ValueQuest Tristar Fund reports more than INR2,100 crore in commitments

The private equity fund is building a portfolio across aerospace, defence, precision engineering and energy transition.

ValueQuest Tristar Fund reported investor commitments exceeding INR2,100 crore on November 2. The figure represents commitments accumulated by the fund across its fundraising, rather than an additional INR2,100 crore raised in a single closing.

The fund backs India’s advanced manufacturing sector. Its announced portfolio included Hi-Q Electronics, Rangsons Aerospace, Waaree Energy Storage Solutions and TASE Global, spanning electronics, aviation components, battery storage and precision engineering.

Use of funds

Invest in advanced manufacturing companies in India

Funding history

Commitments milestone · This round>₹21B

Sources

  1. ValueQuest Tristar Fund reports over INR2100crore commitmentsdealstreetasia.com · Nov 2, 2026
  2. q4v.valuequest.in