The fund has already completed two investments in the form of Rangsons Aerospace and Waaree Energy Storage Solutions. ValueQuest has announced that its ValueQuest Tristar Fund has crossed its ₹1,500 crore target and activated a ₹500 crore greenshoe option, taking the fund’s revised corpus to ₹2,000 crore amid strong investor demand.
The fund is investing across sectors such as aerospace, defence, energy transition and precision engineering.
“With deep sector insight, long-standing relationships and disciplined underwriting, we believe we have both the conviction and the capability to win in this opportunity set,” said Ravi Dharamshi, founder & chief investment officer, ValueQuest.
The fund has already completed two investments in the form of Rangsons Aerospace and Waaree Energy Storage Solutions.
While Rangsons is a precision manufacturing and product technology company serving domestic and global aerospace and defence clients, Waaree manufactures utility-scale lithium-ion cells, battery packs and energy storage systems.
“Investing in complex industries requires a multi-faceted approach grounded in ecosystem mapping and rigorous underwriting. By understanding how sub-sectors evolve and profit pools expand, we aim to verify key investment hypotheses, identify sensitivities and value drivers and assess which businesses are best positioned to emerge as future leaders,” said Dr. Arvind Ananthanarayanan, fund manager, Tristar Fund.
Leave a Reply