hBits: Pioneering the Future of Real Estate Investment in India
January 10, 2025, 3:36 am
Location: India, Maharashtra, Mumbai
Employees: 11-50
Founded date: 2018
Total raised: $4.66M
In the bustling heart of Mumbai, a financial revolution is brewing. hBits, a trailblazer in commercial real estate investment, has secured Rs 40 crore in Series A funding from Capricon Realty Private Limited, a key player in the Thackersey Group. This infusion of capital is not just a financial boost; it’s a signal that the landscape of real estate investment in India is changing.
Founded in 2018 by Shiv Parekh, hBits is reshaping how investors engage with commercial properties. The platform allows individuals to invest in high-yield properties with a minimum ticket size of just Rs 10 lakh. This is akin to opening the gates of a once-exclusive club, inviting both novice and seasoned investors to partake in the lucrative world of Grade-A commercial real estate.
The funds from this latest round will be strategically deployed to enhance hBits’ AI-driven technology platform. This isn’t just about numbers; it’s about creating a seamless experience for users. The goal is to expand geographically, reaching new markets and offering curated, high-value investment opportunities. Think of it as planting seeds in fertile ground, with the potential to grow into a vast forest of investment options.
The Thackersey Group, with its rich 150-year legacy, is not just a partner; it’s a beacon of stability and tradition in a rapidly evolving market. Their involvement signals a marriage of time-honored business practices and cutting-edge technology. The group has a storied history in Mumbai’s real estate scene, known for iconic projects like Raheja Vivarea and Rustomjee Crown. Their backing of hBits is a testament to the platform’s potential to redefine real estate investments in India.
At the core of hBits’ mission is the Small and Medium Real Estate Investment Trust (SM REIT) framework. This innovative approach aims to democratize access to premium commercial real estate, much like mutual funds did for the stock market. The vision is clear: to make Grade-A properties accessible, structured, and transparent for all investors. It’s a bold claim, but the numbers back it up. With rental yields reaching up to 10% and projected Internal Rates of Return (IRR) of up to 18%, hBits is positioning itself as a lucrative option for wealth-building.
To date, hBits has facilitated investments in 16 properties and boasts over 100,000 registered users. The platform has achieved exits with an impressive industry-best IRR of 17.54%. This success is not just a stroke of luck; it’s the result of meticulous market analysis powered by AI. The technology evaluates trends, mitigates risks, and enhances user experiences, ensuring that investors can navigate the complex waters of real estate with confidence.
The landscape of real estate investment is shifting. Traditional barriers are crumbling, and new opportunities are emerging. hBits is at the forefront of this transformation. The platform’s innovative approach is akin to a breath of fresh air in a stuffy room, invigorating the investment community and inspiring confidence among investors.
The partnership with the Thackersey Group is a significant milestone for hBits. Their strategic insights and legacy of building enduring businesses will be invaluable as hBits scales its operations. Together, they aim to create a sustainable enterprise that not only transforms real estate investment but also leaves a lasting impact on the industry.
As hBits looks to the future, the ambition is clear: to triple its Assets Under Management (AUM) to INR 1,500 crore by FY 2025. This goal is not just a number; it represents a vision of growth and accessibility. By targeting key commercial hubs across India, hBits is poised to capture a significant share of the market.
In a world where financial literacy is paramount, hBits is also committed to educating its users. The platform is not just a transactional space; it’s a community where investors can learn, share, and grow together. This commitment to education is crucial in a market that can often feel overwhelming and opaque.
The potential of hBits is immense. As the platform continues to innovate and expand, it stands to redefine the real estate investment landscape in India. The fusion of technology and traditional investment principles creates a unique offering that is both attractive and accessible.
In conclusion, hBits is more than just a platform; it’s a movement. A movement towards democratizing real estate investment, making it accessible to all. With the backing of the Thackersey Group and a clear vision for the future, hBits is set to lead the charge in transforming how India invests in commercial real estate. The journey has just begun, and the possibilities are limitless.
Founded in 2018 by Shiv Parekh, hBits is reshaping how investors engage with commercial properties. The platform allows individuals to invest in high-yield properties with a minimum ticket size of just Rs 10 lakh. This is akin to opening the gates of a once-exclusive club, inviting both novice and seasoned investors to partake in the lucrative world of Grade-A commercial real estate.
The funds from this latest round will be strategically deployed to enhance hBits’ AI-driven technology platform. This isn’t just about numbers; it’s about creating a seamless experience for users. The goal is to expand geographically, reaching new markets and offering curated, high-value investment opportunities. Think of it as planting seeds in fertile ground, with the potential to grow into a vast forest of investment options.
The Thackersey Group, with its rich 150-year legacy, is not just a partner; it’s a beacon of stability and tradition in a rapidly evolving market. Their involvement signals a marriage of time-honored business practices and cutting-edge technology. The group has a storied history in Mumbai’s real estate scene, known for iconic projects like Raheja Vivarea and Rustomjee Crown. Their backing of hBits is a testament to the platform’s potential to redefine real estate investments in India.
At the core of hBits’ mission is the Small and Medium Real Estate Investment Trust (SM REIT) framework. This innovative approach aims to democratize access to premium commercial real estate, much like mutual funds did for the stock market. The vision is clear: to make Grade-A properties accessible, structured, and transparent for all investors. It’s a bold claim, but the numbers back it up. With rental yields reaching up to 10% and projected Internal Rates of Return (IRR) of up to 18%, hBits is positioning itself as a lucrative option for wealth-building.
To date, hBits has facilitated investments in 16 properties and boasts over 100,000 registered users. The platform has achieved exits with an impressive industry-best IRR of 17.54%. This success is not just a stroke of luck; it’s the result of meticulous market analysis powered by AI. The technology evaluates trends, mitigates risks, and enhances user experiences, ensuring that investors can navigate the complex waters of real estate with confidence.
The landscape of real estate investment is shifting. Traditional barriers are crumbling, and new opportunities are emerging. hBits is at the forefront of this transformation. The platform’s innovative approach is akin to a breath of fresh air in a stuffy room, invigorating the investment community and inspiring confidence among investors.
The partnership with the Thackersey Group is a significant milestone for hBits. Their strategic insights and legacy of building enduring businesses will be invaluable as hBits scales its operations. Together, they aim to create a sustainable enterprise that not only transforms real estate investment but also leaves a lasting impact on the industry.
As hBits looks to the future, the ambition is clear: to triple its Assets Under Management (AUM) to INR 1,500 crore by FY 2025. This goal is not just a number; it represents a vision of growth and accessibility. By targeting key commercial hubs across India, hBits is poised to capture a significant share of the market.
In a world where financial literacy is paramount, hBits is also committed to educating its users. The platform is not just a transactional space; it’s a community where investors can learn, share, and grow together. This commitment to education is crucial in a market that can often feel overwhelming and opaque.
The potential of hBits is immense. As the platform continues to innovate and expand, it stands to redefine the real estate investment landscape in India. The fusion of technology and traditional investment principles creates a unique offering that is both attractive and accessible.
In conclusion, hBits is more than just a platform; it’s a movement. A movement towards democratizing real estate investment, making it accessible to all. With the backing of the Thackersey Group and a clear vision for the future, hBits is set to lead the charge in transforming how India invests in commercial real estate. The journey has just begun, and the possibilities are limitless.