hBits

Real Estate Investment Trust (SM REIT)hbits.co

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

Fractional real estate
Commercial property investment
SM REIT platform
Real estate investment trust
Asset management services

Where hBits is headquartered

Location

Headquarters

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 offering

Core 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 profile

Named customers10 records

Segments3 records

Ideal customer profiles4 records

hBits technology and API

Technology

Technology 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 signal

Partnerships

Three partnerships are on record, tiered core.

Axis TrusteecoreOthersTrusteeship partner providing custodial and oversight services for SM REIT investment structure, ensuring investor protection and regulatory compliance
EY (Ernst & Young)coreOthersTaxation partner providing advisory services for SM REIT structure and investor tax compliance
PwC (PricewaterhouseCoopers)coreOthersValuation 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 assessment

Direct 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 financial estimates

Financial estimate

Revenue estimate

Valuation estimate

hBits leadership team

Management profile

Number of profiles

Profiles7 records

hBits funding detail

Funding detail

Funding 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 investment

M&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?

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.