VC fund (Cat II) · SEBI registry
ValueQuest Tristar Trust
Growth (Series C+) · SpaceTech & Defence · Mumbai
At a glance
- Stage focus
- Growth (Series C+)
- Primary sector
- SpaceTech & Defence
- City
- Mumbai
- HQ / office
- Mumbai (Dadar West, Kohinoor Square), Maharashtra
- Fund registered
- 2024
- Corpus (as reported)
- Rs 600 crore base size + Rs 400 crore green-shoe option (target corpus, fund disclosure)
- Website
- www.valuequest.in
- Profile ↗
About
ValueQuest Tristar Trust (Tristar Fund) is a SEBI Cat II AIF managed by Mumbai-based ValueQuest Investment Advisors Pvt. Ltd. (founders Ravi Dharamshi, Sameer Shah). It takes minority growth-stage stakes in companies across aerospace, defence, precision engineering, manufacturing and energy transition.
Investment focus
Growth-stage minority stakes in India's Aerospace, Defence, Precision Engineering, Manufacturing and Energy Transition sectors; Cat II AIF
SEBI registration
SEBI AIF Category II — reported as “Cat II”
- IN/AIF2/24-25/1741
SIDBI Fund of Funds
None found
Team & organisation
Approx 34-member investment team; founded by Ravi Dharamshi and Sameer Shah (2010)
Category II AIF; trust-based, multi-fund manager (Tristar Fund, S.C.A.L.E. Fund, FasterCAP, Inflexion, India G.I.F.T., India SCALE II Offshore). Investment manager: ValueQuest Investment Advisors Pvt Ltd (CIN U65991MH2010PTC198452; SEBI AIF Reg IN/AIF2/22-23/1156). HQ Kohinoor Square, Dadar West, Mumbai
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Frequently asked
- What does ValueQuest Tristar Trust invest in?
- Growth-stage minority stakes in India's Aerospace, Defence, Precision Engineering, Manufacturing and Energy Transition sectors; Cat II AIF
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- Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.
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About this record
Compiled from SEBI registrations and public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.
Sources: https://www.valuequest.in/; https://www.linkedin.com/company/valuequest-investment-advisors/