A private equity–style value creation platform for MSMEs. Frameworks for deal evaluation, performance tracking, and operational optimization — borrowing the discipline of PE thinking and applying it to underserved Indian businesses.
India's MSME sector employs over 110 million people and contributes nearly 30% of GDP, yet most operate without the kind of structured operational rigor that private equity firms bring to mid-market companies in the US and Europe.
The gap isn't capital — there's plenty of patient capital looking for deployment. The gap is in evaluation frameworks, operational playbooks, and investment screening methodologies tailored to the realities of Indian MSMEs (informal accounting, owner-managed governance, fragmented data).
HEXVantage exists to bridge that gap.
I'm building HEXVantage as a structured framework — not a product yet, but a methodology — that combines three pillars:
The reading list behind this work draws heavily from Walker Deibel's Buy Then Build, classic PE due diligence literature, and Indian MSME field reports from CII and FICCI.
Currently in framework development. Early-stage deliverables include:
The longer-term goal is to publish the framework openly and use it as the basis for a more structured value-creation studio.
The biggest learning so far: most PE frameworks fall apart at the data layer in the Indian MSME context. The cleaner the input data, the better the framework works — which means a huge portion of the value is actually in helping MSMEs structure their own data before any evaluation can happen.
That's reframing the whole project. The "due diligence framework" is now downstream of a "data structuring framework" — and that's a much more interesting problem.