ValueQuest Commits Rs 775 Crore to Three Indian Companies

ValueQuest, the Mumbai-based investment firm, has committed a total of Rs 775 crore to three Indian companies in defence technology, precision engineering and power infrastructure. The three companies are Sagar Defence Engineering, Rational Engineers and TASE Global.

The commitments to Sagar Defence Engineering and Rational Engineers are new. The Rs 775 crore total also includes ValueQuest's Rs 300 crore investment in TASE Global, which the firm announced earlier in November.

ValueQuest's Rs 775 crore commitments at a glance

What Sagar Defence, Rational Engineers and TASE Global make

Sagar Defence Engineering is an Indian defence technology company. It specialises in unmanned and autonomous systems for maritime and other defence uses. Rational Engineers makes specialised copper winding conductors and insulation for power and distribution transformers, which are used in electricity transmission and distribution.

TASE Global, or Trusted Aerospace & Engineering, is a Chennai-based precision engineering and manufacturing platform that works in India and the US. It serves global original equipment makers (OEMs) and Tier-1 suppliers in medical technology, aerospace, defence and industrial work.

How the three deals fit ValueQuest's private equity platform

ValueQuest's private equity platform manages over Rs 6,000 crore, including co-investments. The TASE Global investment came from the Tristar Fund, which had secured commitments of over Rs 2,100 crore. ValueQuest is also building out SCALE Fund II, after its first fund, SCALE Fund I.

Aniket Dharamshi on finding the right businesses, not deploying fast

Aniket Dharamshi, co-founder and managing partner of ValueQuest, said the investments come from a pipeline built through years of research and long-term relationships with entrepreneurs.

"Our focus is not on the pace of capital deployment, but on identifying the right businesses where we can build conviction and contribute meaningfully to their next phase of growth,"

"We aim to partner with entrepreneurs in scaling their businesses, strengthening organisational capabilities and institutionalising governance,"

Ravi Dharamshi on India's place in industrial supply chains

"The opportunity is not simply for India to manufacture more, but for Indian companies to develop the technology, capabilities and customer relationships to become globally competitive enterprises,"

Where ValueQuest stands after the Rs 775 crore commitments

ValueQuest now has Rs 775 crore committed to Sagar Defence Engineering, Rational Engineers and TASE Global. Its private equity platform manages over Rs 6,000 crore, including co-investments, and the firm is building out SCALE Fund II.

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