ValueQuest Investment Advisors has raised a Rs 1,500-crore private equity (PE) fund focused on advanced manufacturing sectors such as aerospace, defence, and energy transition.
ValueQuest Tristar, a 100% rupee-denominated fund, has surpassed its target size of Rs 1,500 crore and activated a greenshoe option of Rs 500 crore. The fund aims to close the fundraising within the current calendar year.
According to the Mumbai-based firm, the fund plans to back 8–12 companies with cheque sizes ranging from Rs 150 crore to Rs 400 crore and expects to complete…

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