Rangsons Aerospace raises Rs 300 crore from ValueQuest Investment Advisors

Share via:


Aerospace and defence technology manufacturing startup Rangsons Aerospace has raised Rs 300 crore from ValueQuest Investment Advisors.

The Mysuru-based company plans to use the fresh capital to expand its operational capacity and drive growth into new business areas through strategic acquisitions.

This is the first investment by ValueQuest Tristar Fund, a Category II alternative investment fund (AIF) focused on thematic sectors such as defence, aerospace, and precision engineering.

Founded in 2011, Rangsons Aerospace, part of the Mysuru-based NR Group,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Rangsons Aerospace raises Rs 300 crore from ValueQuest Investment Advisors


Aerospace and defence technology manufacturing startup Rangsons Aerospace has raised Rs 300 crore from ValueQuest Investment Advisors.

The Mysuru-based company plans to use the fresh capital to expand its operational capacity and drive growth into new business areas through strategic acquisitions.

This is the first investment by ValueQuest Tristar Fund, a Category II alternative investment fund (AIF) focused on thematic sectors such as defence, aerospace, and precision engineering.

Founded in 2011, Rangsons Aerospace, part of the Mysuru-based NR Group,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Can Google save Apple AI? Gemini to power a...

Follow ZDNET: Add us as a preferred...

Fake Grok app built using generative AI discovered spreading...

Today, there are several reasons you should avoid Elon...

Meta Plans To Cut Around 10% of Employees In...

Meta plans to cut roughly 10% of staff...

Popular

iptv iptv iptv