Brew Hems

In June 2025, China lowered a 1,300-tonne steel capsule containing 2,000 servers to the floor of the East China Sea, 35 metres down, six miles offshore Shanghai. It cost $226 million. It cuts cooling energy by 90%. It is now fully operational. India spent the same period debating data centre policy incentives in parliamentary committees.…

India has been talking about ease of doing business for a decade. Andhra Pradesh stopped talking and started timing things. In 11 months, it took a 600 MW solar plant from land acquisition to grid commissioning — a task that takes most Indian states 2 years just in approvals. In 6 months, it converted a…

India’s private credit market crossed $12.4 billion in 2025. The single biggest deal — Shapoorji Pallonji’s ₹28,500 crore refinancing — paid 19.75% per year. On a zero-coupon bond. Meaning no cash until maturity. Meaning the lenders were Ares Management, Cerberus Capital, Davidson Kempner, and Farallon — firms with full-time debt workout teams. The ₹1 crore…

Rahul is 42, Delhi-based, a founder with Rs 2 crore sitting idle after a partial exit. He is recognisable to every HNI reader. Financially intelligent in his own domain – navigating a category he doesn’t yet fully know. This is the research he did before touching a single fund document. The first thing Rahul did…

The Pre-InvIT opportunity India has InvITs for roads. For power transmission. For gas pipelines. For telecom towers. Jio has even InvIT-ified its fibre. Yet the sector absorbing the most aggressive capital in the country right now — Data centres — has no listed InvIT. Not one. That gap is not permanent. It is a timing…

For two decades, India’s pitch to global capital was simple and slightly embarrassing: we are cheaper. Send us the work nobody wants to do in-house. The spreadsheet reconciliations. The helpdesk tickets at 2am. The back-office that headquarters would rather not see. GE used computational fluid dynamics and AI-designed fuel systems — built from India —…

You built the mall. You built the office park. They rented the space. Now build the one asset they can never leave. A Data centre tenant signs for 10–15 years. Pays on time — because their entire business runs inside your building. Cannot relocate without six months of planning and a ₹5 crore migration cost.…

The Indian Defence has minted 10x stocks. But the market is only looking at listed companies. I spent the last week stress-testing 5 unlisted precision engineers that the defence establishment hasn’t discovered yet. Here’s what I found: One is India’s largest thrust bearing producer — a mission-critical weapon system component — and no defence OEM…

India’s auto-sector precision engineers are sitting on the most underpriced defence moat in the market. They have 5-axis CNC. Robotic welding. VMC operations. IATF 16949 quality systems. The EV disruption cycle left 30–40% of their capacity idle. And almost none of them know that DGQA qualification — the gateway to Indian Army contracts — is…

A client once asked me: “Can’t I invest in a Data Centre business?” Then he paused and said: “But before borrowing capital — can I do it with a small amount of my own?” Most advisors would’ve stopped him there. I didn’t. Because that question — Invest small, Own real infrastructure — is exactly what…

Top Bootstrapped Companies in India 17 companies, 6 sectors. One thesis: the deepest moats were never funded. This document maps the origin, growth mechanics, and structural advantages of India’s and the world’s most successful bootstrapped companies. Download.. BrewHems_Bootstrapped Companies

Which States Are Actually Delivering Benefits to the Data Centre Industry? This report provides a rigorous, incentive-by-incentive comparison of data centre investment policies across ten Indian states — Maharashtra, Karnataka, Tamil Nadu, Telangana, Uttar Pradesh, Andhra Pradesh, Rajasthan, Haryana, West Bengal, and Odisha. It distinguishes enacted policy from draft proposals, on-paper incentives from delivered outcomes,…

Managed IT Services & Cloud Reseller India’s data centre sector is in a structural growth phase — 153 facilities operational as of early 2025, capacity targets of 2,027 MW by end-2025, and a Tier 2 white space that no national operator has yet systematically addressed. Entry Point 1 does not require an investor to build…

Where Is the Growth Story in Unlisted Businesses? The growth story in unlisted businesses is real — but bifurcated. There are two completely different unlisted markets in India, and most financial content conflates them. Separating them is where the alpha is, both in investing and in thinking. When family offices like PremjiInvest, Catamaran, and the…

INVESTMENT OPPORTUNITY SUMMARY Tier-2 Dairy Manufacturing  |  ₹5 Cr Structured Capital Raise  | THE OPPORTUNITY A profitable, FSSAI-compliant dairy manufacturing unit operating at 40% capacity utilisation is raising ₹5 Cr in structured capital to fund a 2.5x revenue scale-up over 24 months. The business has grown from ₹23 lakh seed capital (2022) to ₹12 Cr…