MobiKwik and OYO Report Profit as ValueQuest Closes ₹2,100 Crore Fund

3 Nov 2026, 7:56 am · 1d ago · 1 min read · YourStory

Indian fintech firm MobiKwik posted a net profit of Rs 11.83 crore for the second quarter, while hospitality major OYO's parent company PRISM recorded a consolidated profit after tax of Rs 353 crore in the first quarter, representing a 17% increase year-on-year. Separately, India-focused private equity fund ValueQuest Tristar Fund closed over Rs 2,100 crore in investor commitments within 15 months of its first close, surpassing its target and greenshoe option. The fund focuses on advanced manufacturing, aerospace, and energy transition, backing companies like Hi-Q Electronics, Rangsons Aerospace, and Waaree Energy Storage Solutions.