Key Takeaways
- • ValueQuest Investment Advisors has committed a combined $83 million (Rs 775 crore) to three Indian companies: Sagar Defence Engineering, Rational Engineers and TASE Global.
- • The Mumbai-based firm, which manages around $3.31 billion across public and private markets, announced the Sagar Defence and Rational Engineers investments following a previously announced Rs 300 crore investment in TASE Global.
- • The commitments target defence technology, precision engineering and power infrastructure, reflecting themes of global supply-chain diversification and defence indigenisation, according to the firm.
- • The investments were sourced through a pipeline built over 12-18 months using thematic research and entrepreneur engagement, and further strengthen ValueQuest's private equity platform, which manages over Rs 6,000 crore including co-investments.
Summary
Mumbai-based ValueQuest Investment Advisors has committed a combined $83 million (Rs 775 crore) to three companies spanning defence technology, precision engineering and power infrastructure, according to a statement from the firm. The investments comprise new commitments to Sagar Defence Engineering and Rational Engineers, which were announced alongside the previously disclosed Rs 300 crore investment in TASE Global. ValueQuest manages around $3.31 billion across public and private markets.
Sagar Defence Engineering develops indigenous defence technologies, specialising in unmanned and autonomous systems for maritime and other defence applications. The company is positioned to benefit from growing adoption of autonomous technologies and India's emphasis on domestically developed defence capabilities. Rational Engineers manufactures copper winding conductors and insulation solutions used in power and distribution transformers, serving electricity transmission, distribution and electrification infrastructure. TASE Global is an integrated precision engineering and manufacturing platform operating across India and the US, serving global original equipment manufacturers and Tier-1 suppliers in medical technology, aerospace, defence and industrial applications.
ValueQuest framed the investments around global supply-chain diversification, defence indigenisation and rising industrial infrastructure spending. Ravi Dharamshi, Founder and Chief Investment Officer, said India is entering a defining phase in its industrial evolution and that the opportunity lies in helping Indian companies develop technology, capabilities and customer relationships to become globally competitive. The investments were identified through a pipeline developed over the past 12-18 months, supported by thematic research and engagement with entrepreneurs.
The commitments further strengthen ValueQuest's private equity platform, which manages over Rs 6,000 crore including co-investments. The firm, founded in 2010, is also building out SCALE Fund II, its third investment vehicle, following its experience with SCALE Fund I.
Sagar Defence Engineering develops indigenous defence technologies, specialising in unmanned and autonomous systems for maritime and other defence applications. The company is positioned to benefit from growing adoption of autonomous technologies and India's emphasis on domestically developed defence capabilities. Rational Engineers manufactures copper winding conductors and insulation solutions used in power and distribution transformers, serving electricity transmission, distribution and electrification infrastructure. TASE Global is an integrated precision engineering and manufacturing platform operating across India and the US, serving global original equipment manufacturers and Tier-1 suppliers in medical technology, aerospace, defence and industrial applications.
ValueQuest framed the investments around global supply-chain diversification, defence indigenisation and rising industrial infrastructure spending. Ravi Dharamshi, Founder and Chief Investment Officer, said India is entering a defining phase in its industrial evolution and that the opportunity lies in helping Indian companies develop technology, capabilities and customer relationships to become globally competitive. The investments were identified through a pipeline developed over the past 12-18 months, supported by thematic research and engagement with entrepreneurs.
The commitments further strengthen ValueQuest's private equity platform, which manages over Rs 6,000 crore including co-investments. The firm, founded in 2010, is also building out SCALE Fund II, its third investment vehicle, following its experience with SCALE Fund I.
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