hBits - About the company
hBits is a series A company based in Mumbai (India), founded in 2018 by Shiv Parekh and Samir Bhandari. It operates as an Operator of a platform for fractional ownership of commercial real estate. hBits has raised $8.38M in funding from investors like Shree Naman Group, Snow Leopard Ventures and InCred Capital, with a current valuation of $*****. The company has 28 active competitors, including 4 that are funded. Its top competitors include companies like PropertyShare, BRIK itt and Bhive Alts.
Company Details
Operator of a platform for fractional ownership of commercial real estate. The platform facilitates investment in professionally managed, income-generating commercial properties. It allows individuals to participate in an asset class traditionally reserved for institutions. The platform offers a transparent process for investing and managing real estate shares. It provides options for liquidity and control over investments.
- Website
- hbits.co
- Email ID
- *****@hbits.co
- Phone Number
- +91 **********
- Registered Address
- Ground Floor, G-4, Court Chambers, 35, Sir Vithaldas Thackersey Marg, New Marine Lines Mumbai , Mumbai City Unclassified MH 400020
Key Metrics
Founded Year
2018
Location
Mumbai, India
Stage
Series A
Total Funding
$8.38M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 25, 2024
Investors
Ranked
2nd among 28 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
45 as on Sep 30, 2026
Similar Companies
Legal entities associated with hBits
hBits is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Hbits Property Management Private Limited CIN: U70109MH2022PTC390697 , India, Active | Sep 18, 2022 | - | - | |
HCAPS ASSET MANAGEMENT PRIVATE LIMITED CIN: U67100MH2022PTC391803 , India, Active | Oct 10, 2022 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
HCAPS INVESTECH PRIVATE LIMITED CIN: U70100MH2018PTC316435 , India, Active | Oct 27, 2018 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 27 (As on Jun 01, 2025) | |
Hbits Online Platform Private Limited CIN: U74999MH2018PTC316435 , India, Active | Oct 26, 2018 | 0 - ₹10 Cr (As on Mar 31, 2021) | - |
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hBits's funding and investors
hBits has raised a total funding of $8.38M over 6 rounds. Its first funding round was on Mar 24, 2020. Its latest funding round was a Series A round on Dec 25, 2024 for $*****. 1 investor participated in its latest round. hBits has 17 institutional investors and 65 angel investors.
Here is the list of recent funding rounds of hBits:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 25, 2024 | 1733954 | Series A | 5451476 | 2152481 | 6316198 | 3494340 |
Nov 29, 2022 | 8122444 | Angel | 8518718 | 5224191 | 4419195 | 2429613 |
Oct 01, 2022 | 2294024 | Angel | 9510742 | 3002035 |
View details of hBits's funding rounds and investors
hBits' founders and board of directors
Founder? Claim ProfileHere are the details of hBits' key team members:
- Shiv Parekh: Co-Founder & CEO of hBits. They serve on the board of 1 company.Contact Info: 1 email address
- Samir Bhandari: Co-Founder & CFO of hBits. They are also an angel investor in 1 startup.Contact Info: 1 email address
hBits' Board of Directors
hBits's board has 2 active members. Shiv Parekh is part of team and Shiv Nilesh Parekh is independent board member.Here is the list of hBits' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
tnhxjhx | Team | - | Past | 5y 4m |
cuxvtxv | Team | - | Past | 8y 9m |
Independent board member | - | Current | 7y 11m |
View details of hBits's Founder profiles and Board Members
hBits' employee count trend
hBits has 45 employees as of Sep 26. Here is hBits's employee count trend over the years:
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hBits's Competitors and alternates
Top competitors of hBits include PropertyShare, BRIK itt and Bhive Alts. Here is the list of Top 10 competitors of hBits, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | PropertyShare 2015, Bengaluru (India), Series B | Real estate investment trust platform | $52M | 67/100 | |
2nd | Operator of a platform for fractional ownership of commercial real estate | $8.38M | 55/100 | ||
3rd | Proptech platform offering fractional ownership of vacation homes | - | - | 45/100 | |
4th | Bhive Alts 2020, Bengaluru (India), Seed | Alternative investment platform for commercial real estate investments | $206K | 43/100 | |
5th | Fab Invest 2023, Hyderabad (India), Unfunded | Fractional real estate investment platform investing in prime and under construction real estate projects | - | - | 38/100 |
6th | Fundbezzie 2022, Mumbai (India), Unfunded | Provider of fractional ownership in real estate investment opportunities | - | - | 32/100 |
7th | Alternative investments platform offering commercial real estate investment opportunities | - | - | 32/100 | |
8th | Equity Address 2021, Noida (India), Unfunded | Platform to digitally invest in prime rental properties | - | - | 32/100 |
9th | Real estate investment platform | - | - | 31/100 | |
10th | Online real estate co-investment platform | - | 30/100 |
Looking for more details on hBits's competitors? Click here to see the top ones
hBits's Investments and acquisitions
hBits has made no investments or acquisitions yet.
Reports related to hBits
Here is the latest report on hBits's sector:
News related to hBits
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hBits Names Ex-SBI Securities' Zahid Gawandi as Brand & Marketing DirectorAdgully•Jan 16, 2025•hBits, State Bank of India
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hBits Raises ₹40 Crore in Series A Round from entity of Thackersey GroupRealty Nmore•Jan 08, 2025•hBits, Thackersey Group, Capricon Realty, Shree Naman Group
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Mumbai-based proptech startup hBits raises Rs 40 crore in fundingIndian Startup News•Jan 08, 2025•hBits, Capricon Realty, Shree Naman Group, Thackersey Group
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hBits launches new asset with around ₹55 crore investment opportunityBusiness Line•Nov 18, 2024•hBits
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hBits Forays in Pune, Acquires Grade A Commercial Property in MagarpattaRealty Nmore•Apr 24, 2024•hBits
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hBits Enters Bengaluru, Acquires Grade A Commercial Property in CBDRealty Nmore•Feb 26, 2024•hBits, Vaswani Group
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