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