What happened
VSURE MD and CEO Anish Maheshwari tells Livemint that AI, data infrastructure, manufacturing, healthcare, logistics, fintech, and technology-enabled traditional businesses represent the six themes with long-term investment potential.
Anish Maheshwari, MD and CEO of Mumbai-based VSURE Investment Affairs, was interviewed by Mint journalist Nishant Kumar on 14 Sep 2026. The conversation covered six themes where VSURE sees substantial long-term potential: AI and data infrastructure, manufacturing, healthcare, logistics and supply chains, fintech, and technology-enabled traditional businesses.
Maheshwari stressed that technology alone is rarely the moat — real value lies in commercial application, defensible economics and execution at scale. This thesis is reinforced by VSURE's Anvex AI portfolio company, which has delivered the firm's highest stated return at 45X.
He defined fundability through four pillars: credible numbers, scalable economics, governance discipline, and clarity on how every rupee of capital will create value. Capital requirement starts a conversation. Capital readiness earns investor conviction, Maheshwari said.
The broader context: VSURE works with 40+ startups and SMEs, with portfolio valuation exposure crossing ₹300 crore and ₹125 crore+ facilitated capital. The firm is targeting ₹500 crore+ in capital facilitation, 12+ strategic startup investments and 10 SME IPO mandates annually, with future corridors identified in Singapore, Dubai, Bahrain and GCC.
About Anish Maheshwari
Maheshwari was CFO of Navkar Corporation for 16 years 8 months (2007–Aug 2023), raised ₹2,500 crore on group level, and executed the ₹1,050 crore sale of Navkar's Vapi unit to Adani Ports before founding VSURE in August 2023.
Why it matters for me
Founders and investors are being told to shift from asking who will fund me to who is the right capital partner for my next stage, with fundability defined by credible numbers, scalable economics, governance discipline, and clarity on capital deployment.
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VSURE's fundability framework reshapes how founders approach capital — shifting from fundraising as event to institution building as journey.
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The IPO readiness vs eligibility distinction matters for promoters eyeing public markets — governance and financial reporting now weigh heavier than revenue alone.
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Family offices are bringing patient capital and strategic partnership to India's SME ecosystem, changing how founders seek capital partners.
What to remember
Technology alone is rarely the moat — real value comes from commercial application, defensible economics, and execution at scale, as proven by VSURE's 45X Anvex AI return.
VSURE MD Anish Maheshwari on six long-term growth themes: AI, data infra, manufacturing, healthcare — and why capital readiness beats capital requirement.
Verified sources (4)
Expert view: See long-term potential across AI, data infra, manufacturing, healthcare, says VSURE MD, CEO
↗From the CFO's Desk to India's Private Capital Ecosystem: Anish Maheshwari on Building Businesses from Capital to IPO
↗VSURE's Portfolio Value Exposure Crosses Rs. 300 Crore Across 40+ Startups and SMEs
↗Anish Maheshwari — Member of Della Leaders Club, Mumbai Chapter
↗Claims and linked sources
6 claimsAnish Maheshwari, MD and CEO of Mumbai-based VSURE Investment Affairs, was interviewed by Mint (Livemint) and published on 14 Sep 2026 at 4:00 PM IST by journalist Nishant Kumar.
Maheshwari says VSURE sees substantial long-term potential across six themes: AI and data infrastructure, manufacturing, healthcare, logistics and supply chains, fintech, and technology-enabled traditional businesses.
India does not have a shortage of businesses or capital; the real gap is capital readiness. Across VSURE's work with 40+ startups and SMEs, promising businesses struggle to raise because financial architecture, governance, valuation logic or capital deployment plan is not institutional-grade.
Maheshwari defines fundability as four things: credible numbers, scalable economics, governance discipline, and clarity on how every rupee of capital will create value. 'Capital requirement starts a conversation. Capital readiness earns investor conviction.'
Anvex AI has delivered VSURE's highest stated investment return at 45X; portfolio valuation exposure has crossed ₹300 crore across 40+ startups and SMEs; Hurrey Tech valuation ₹1,000+ crore, Hoora Technologies ₹200+ crore.
Anish Maheshwari served as CFO of Navkar Corporation from 2007 to August 2023 (16 years 8 months), raised ₹2,500 crore on group level, and executed the ₹1,050 crore sale of Navkar's Vapi unit to Adani Ports before founding VSURE in August 2023.
Community signals
Signal-only · not reporting“Technology alone is rarely the moat. The real value lies in commercial application, defensible economics and execution at scale.”
“Capital requirement starts a conversation. Capital readiness earns investor conviction.”
“An IPO is not simply another funding round. It is the transition from promoter-led capital to public accountability.”