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Status
ACTIVE
Global HQ
Shanghai, China
Countries of investment
  • China
  • India
  • Japan
  • Singapore
Investment stages
  • Seed
  • Series A
  • Series B
  • Series C
  • Growth
Industries
  • Private Equity
  • Multi-Sector Investment
  • Technology
About
V Star Capital is a Shanghai-based venture capital firm founded in 2016 by James Ren and other veterans of GGV Capital. They manage multiple funds that invest in the intersection of intelligent technology, healthcare, and consumer goods. The firm is known for its high-touch approach, often working closely with founders to optimize their market entry and supply chain strategies.
Min check size
$5M
Max check size
$50M
Fund size
NPS

Investment Thesis

V Star Capital targets high-growth startups in China and Asia that are benefiting from Consumption Upgrades and digital transformation. Their thesis emphasizes companies in TMT and healthcare that have proven business models and require capital to expand regionally. They often leverage their heritage as a former RMB fund of GGV Capital to provide deep operational insights into the Asian consumer market.
Lead investor
Co Invest
Number of exits
Preferred contact method

Manager's Experience

Partners typically come from private equity and growth investing backgrounds, with experience in strategic capital deployment and operational value creation. Their focus is often on scaling mid-market and growth-stage businesses.

Team

Tony Mallin - Executive Chairman

Paul Gough - Managing Partner

Uniti Bhalla - Managing Partner

Robert Spurr - Partner and CFO

Portfolio

Investment examples from Vestar: Woodstream

Edward Don & Company

HealthPartners

IRI

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Vintage Year
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AUM
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