ValueQuest Investment Advisors has committed a combined $83 million (Rs 775 crore) to three companies—Sagar Defence Engineering, Rational Engineers and TASE Global—as part of its investments in businesses operating across defence technology, precision engineering and power infrastructure.
The Mumbai-based investment firm, which manages around $3.31 billion across public and private markets, announced new investments in Sagar Defence Engineering and Rational Engineers, following its recently announced Rs 300 crore investment in TASE Global.
The three investments reflect ValueQuest’s focus on companies positioned to benefit from global supply-chain diversification, defence indigenisation and rising investments in industrial infrastructure, the firm said in a statement.
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 the growing adoption of autonomous technologies and India’s increasing emphasis on domestically developed defence capabilities.
On the other hand, Rational Engineers manufactures specialised copper winding conductors and insulation solutions used in power and distribution transformers, catering to electricity transmission, distribution and electrification infrastructure.
Meanwhile, TASE Global is an integrated precision engineering and manufacturing platform operating across India and the US. It serves global original equipment manufacturers (OEMs) and Tier-1 suppliers across medical technology, aerospace, defence and industrial applications.
“India is entering a defining phase in its industrial evolution. Global supply chains are being realigned, technological sovereignty is becoming a strategic priority, and a sustained industrial investment cycle is creating opportunities for Indian businesses to move up the manufacturing value chain. 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,” said Ravi Dharamshi, Founder and Chief Investment Officer, ValueQuest.
The investments were identified through a pipeline developed over the past 12-18 months, supported by thematic research and engagement with entrepreneurs, the firm said.
The commitments further strengthen ValueQuest’s private equity platform, which manages over Rs 6,000 crore, including co-investments. The firm is also building out SCALE Fund II, its third investment vehicle, following its experience with SCALE Fund I.
Founded in 2010, ValueQuest manages investments across public and private markets.
