# hBits Proptech Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hbits-proptech-private

- Industry: Financial Services
- Headquarters: Mumbai, India
- Website: www.hbits.co
- Total disclosed funding: $2.5M
- Latest round: Angel (Sep 10, 2022)
- Investors on record: 2

## About

Based in Maharashtra, India, and founded in 2019 by its CEO Shiv Parekh, Hbits Proptech Private Limited operates as a proptech company that deals in commercial real estate and offer fractional ownership. In January 2025, Hbits raised INR 400 million in series A funding from new investor Capricon Realty Private Limited. As of September 2022, the company manages more than Rs. 30 Billion in assets via eight properties and has more than 35,000 investors on its platform.

Hbits Proptech Private Limited offers a property ownership platform that uses machine learning and blockchain technology to gather historical sale and rental data. The platform allows investing with fractional ownership in grade A commercial properties and also with low ticket sizes and personalized services online and offline. All the contracts made through the company's platform are digitally signed, and investors can buy and sell transactions themselves.

The company plans to use the series A funding to improve its AI-powered platform, increase its geographic reach, and provide a larger clientele with carefully chosen, high-value investment possibilities.

## Funding rounds

- Angel, Sep 10, 2022, $2.5M — Snow Leopard Ventures, InCred Capital

## Investors

- Snow Leopard Ventures (https://capitalatlas.ai/funds/snow-leopard-ventures) — Angel
- InCred Capital — Angel