ValueQuest

ValueQuest

ValueQuest was established in 2010 by Ravi Dharamshi and Sameer Shah. Dharamshi previously worked at RARE Enterprises, the family office of Rakesh Jhunjhunwala. The firm manages capital for ultra-high-net-worth individuals, family offices, and institutions through AIF and PMS strategies focused on public and private equity markets. The strategy centers on public equity, private equity, and real estate exposure. Investments target growth and late-stage companies in North America, Asia, the Middle East, and South America. Confirmed positions and sector work include defense, aerospace, precision engineering, manufacturing, and energy transition. The firm also maintains exposure to AI/ML, biotech, and cybersecurity themes. It uses a concentrated portfolio approach with large positions supported by in-depth research and has delivered high-teen returns since inception. The firm reports 32 investment professionals and lists additional team members across compliance, operations, and strategy roles. It maintains offices in Mumbai and a branch in GIFT City, Gujarat. No philanthropic vehicles or club memberships are disclosed in public materials. In 2024 the firm obtained IFSCA registration for its GIFT SEZ entity. ValueQuest operates as an independent asset manager rather than a captive family office. Its structure centers on alignment through disclosed fees and a research-led mandate that allows both public-market concentration and private-equity acquisitions such as the NCLT-led purchase of Minosha India.