ValueQuest closes Rs.2,000-Cr startup fund for manufacturers

Mumbai-based ValueQuest Investment Advisors has closed an INR 2,000 crore private equity (PE) fund - named ValueQuest Tristar - aimed at the advanced manufacturing industry, focusing on sectors such as aerospace, defence, and energy transition.The new fund has surpassed its target size of INR 1,500 crore and has activated its greenshoe option of INR 500 crore.