hBits
hBits is a Mumbai-based, SEBI-regulated SM REIT platform offering fractional ownership of Grade A pre-leased commercial real estate in India to retail investors, HNWIs, and NRIs, managing ₹500 Cr in AUM across 100,000+ registered users and a 1,000+ channel partner network.
- Company typePrivate
- Founded2018
- HeadquartersMumbai, India
- Headcount51–100
- GTM typeB2C
- OfferingServices
What hBits does
hBits Investment Management Private Limited is a Mumbai-headquartered proptech company that operates a SEBI-regulated Small and Medium Real Estate Investment Trust (SM REIT) platform enabling fractional ownership of Grade A pre-leased commercial properties in India. Founded in 2018, the company serves retail investors, high-net-worth individuals, non-resident Indians, and fixed-income-seekers who seek exposure to institutional-grade commercial real estate with lower capital thresholds than direct property ownership. As of 2024, the platform manages ₹500 Cr in assets under management, has 100,000+ registered users, and operates through 1,000+ empaneled channel partners across India's top six cities.
The platform is built on a blockchain-based transaction infrastructure for transparent property ownership records, augmented by AI-driven capabilities for property evaluation, portfolio tracking, and investment processing. The core product is the hBits SM REIT offering, supplemented by multiple investment schemes under the SM REIT structure. The company manages professional property operations including leasing and maintenance, distributes rental income to fractional unit holders, and offers liquidity options through share transfers. Technology partnerships with Axis Trustee (trusteeship), EY and PwC (valuation and taxation), and named legal advisors form the operational backbone required for SEBI compliance.
Revenue is generated through two streams: recurring investment management fees on assets under management as the SEBI-registered Investment Manager to hBits Investment Trust, and transaction fees on fractional property share purchases. The go-to-market combines a self-serve digital platform for direct investor engagement with an enterprise field sales motion targeting HNWIs and institutional investors, supplemented by a 1,000+ channel partner distribution network and investor education events. The company has raised approximately ₹60 Cr cumulatively across angel rounds (2021, 2022) and a Series A (January 2025) led by Capricon Realty (Thackersey Group entity), and secured its SEBI SM REIT license in 2025.
hBits firmographics
Firmographics- Name
- hBits
- Legal name
- hBits Investment Management Private Limited
- Website
- https://hbits.co
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- hBits is a Mumbai-based, SEBI-regulated SM REIT platform offering fractional ownership of Grade A pre-leased commercial real estate in India to retail investors, HNWIs, and NRIs, managing ₹500 Cr in AUM across 100,000+ registered users and a 1,000+ channel partner network.
- Ownership category
- akta.pro rank
hBits industry classification
Industry- Product category
- Real Estate Investment Trust (SM REIT)
- NAICS
- Portfolio Management and Investment Advice (52394), Other Financial Vehicles (525990)
- SIC
- Real Estate Investment Trusts (6798)
- akta.pro primary industry
- Discretionary Portfolio Management (DPM) (FSAAABAC)
Keywords
Where hBits is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
hBits business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Investment Management Fees: hBits earns fees as the Investment Manager to hBits Investment Trust registered as SM REIT with SEBI, charging management fees on assets under management and transaction fees on property investments
- Property Co-ownership Revenue: Revenue generated through fractional ownership model where investors purchase shares in Grade A commercial properties, with hBits facilitating transactions and ongoing property management
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | SEBI-regulated SM REIT investment units |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels5 records
hBits product offering
Product offeringCore offering
hBits operates a SEBI-regulated Small and Medium Real Estate Investment Trust (SM REIT) platform that enables individual investors to acquire fractional ownership in Grade A pre-leased commercial properties in India. Investors receive share-based units, share in rental income, and gain professional property management along with liquidity options compared to traditional real estate ownership. The platform supports multiple investment schemes and is governed by SEBI regulations with trusteeship and valuation oversight.
Product overview
hBits is a unified platform offering SEBI-regulated SM REITs (Small and Medium Real Estate Investment Trusts) for fractional ownership in Grade A commercial properties. The core product is the hBits SM REIT platform, supplemented by multiple investment schemes that enable individual investors to co-own institutional-grade pre-leased commercial real estate. The platform provides professional property management, liquidity options, and transparent financial reporting, all governed by SEBI regulations. The company grew from inception in 2018 to managing ₹500 Cr AUM by 2024, with over 100,000 registered users.
Differentiator
Problem solved
Functional benefit
Products and services
- hBits SM REIT SEBI-regulated Small and Medium Real Estate Investment Trust platform enabling individual investors to participate in professionally managed, income-generating commercial real estate through fractional ownership of Grade A pre-leased properties.
- hBits Investment Schemes Multiple investment schemes under the SM REIT structure offering co-ownership in specific Grade A commercial properties with rental income distribution and capital appreciation potential, managed and serviced by hBits as Investment Manager.
Quantifiable outcome
- First property exit achieved 17.54% exit IRR
- +3 more outcomes
Companies that use hBits
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles4 records
hBits technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature2 records
hBits partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Axis TrusteecoreTrusteeship partner providing custodial and oversight services for SM REIT investment structure, ensuring investor protection and regulatory compliance
- EY (Ernst & Young)coreTaxation partner providing advisory services for SM REIT structure and investor tax compliance
- PwC (PricewaterhouseCoopers)coreValuation and taxation partner providing independent property valuation and tax advisory services for SM REIT offerings
Scale indicators8 records
Recent moves12 records
Expansion highlights5 records
hBits competitors and assessment
Company assessmentDirect peers
- Fundrise: US-based pioneer in fractional commercial real estate investing for retail investors via an online platform. Direct functional analogue to hBits, demonstrating the global playbook for democratizing CRE access; relevant as a strategic comparability reference and potential future India entrant.
- PropertyShare: SEBI-regulated Indian fractional real estate investment platform focused on commercial properties and SM REITs. Closely aligned business model and regulatory positioning make it a near-direct competitor to hBits.
- Strata Property: An Indian fractional commercial real estate ownership platform allowing investors to buy shares in income-producing properties. Direct peer to hBits in the India SM REIT fractional ownership category with a comparable target audience of retail and HNW investors.
Emerging players
- Grip Invest: Indian alternative investment platform offering fractional real estate, corporate bonds, and other yield products. Overlaps with hBits on the retail-investor, fractional-commercial-real-estate segment but with a broader product set.
- Roofstock: US platform enabling fractional ownership of single-family rental homes with property management included. Adjacent model to hBits in terms of fractionalized real estate plus managed operations, useful as a benchmark for tech-enabled asset management.
- Smartowner: Indian real estate investment and advisory platform previously active in fractional property offerings. Overlaps with hBits in marketing fractional Indian real estate to retail/NRI investors, though smaller and less regulated.
Broad incumbents
- Mindspace Business Parks REIT: Listed Indian REIT focused on Grade A office portfolios leased to enterprise tenants. A direct substitute for hBits' SM REIT offerings from the perspective of yield-seeking Indian investors.
- Brookfield India Real Estate Trust: Listed REIT managed by Brookfield, holding large-scale Indian commercial real estate. Provides institutional-grade alternative to hBits' SM REIT for investors seeking commercial real estate exposure with daily liquidity.
- Embassy Office Parks REIT: India's first listed REIT, owning and operating Grade A office parks. Competes with hBits for investor capital allocated to Indian commercial real estate, but offers daily liquidity and a much larger AUM base.
Others
- AssetYogi: Indian real estate advisory and investment platform. Adjacent ecosystem participant serving retail investors seeking real estate exposure, useful as an indirect referral and education channel comparable to hBits' content marketing.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights6 records
Customer concentration
hBits social profiles
Digital presencehBits financial estimates
Financial estimateRevenue estimate
Valuation estimate
hBits leadership team
Management profileNumber of profiles
Profiles7 records
hBits funding detail
Funding detailFunding overview
Funding rounds4 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
hBits M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about hBits
What does hBits do?
hBits operates a SEBI-regulated Small and Medium Real Estate Investment Trust (SM REIT) platform that enables individual investors to acquire fractional ownership in Grade A pre-leased commercial properties in India. Investors receive share-based units, share in rental income, and gain professional property management along with liquidity options compared to traditional real estate ownership. The platform supports multiple investment schemes and is governed by SEBI regulations with trusteeship and valuation oversight.
Is hBits a public or private company?
hBits is a private company. It is classified as venture growth investor backed and is currently operating.
When was hBits founded?
hBits was founded in 2018. It employs 51 to 100 people.
Where is hBits based?
hBits is headquartered in Mumbai, India, in the Asia region.
How does hBits make money?
Two revenue lines are on record. Investment Management Fees are the primary driver. The others are property Co-ownership Revenue.
Who are hBits's main competitors?
Direct peers on record are Fundrise, PropertyShare and Strata Property. Emerging players are Grip Invest, Roofstock and Smartowner. Broad incumbents are Mindspace Business Parks REIT, Brookfield India Real Estate Trust and Embassy Office Parks REIT. AssetYogi is listed as an others.
Does hBits have an API?
No public API is recorded for hBits.
What industry is hBits in?
hBits's product category is Real Estate Investment Trust (SM REIT). Its primary akta.pro industry code is FSAAABAC, Discretionary Portfolio Management (DPM). Its NAICS code is 52394 and its SIC code is 6798.