hBits

HCAPS Real Estate Fund (IN/AIF2/23-24/1282) is a SEBI-registered Category II AIF managed by HCAPS Investech Private Limited (CIN: U70100MH2018PTC316435, formerly Hbits Proptech Private Limited), the legal entity behind hBits — India's leading fractional commercial real estate ownership platform with 100,000+ registered users. The fund invests in income-generating commercial real estate assets. hBits has raised USD 8.38M across 6 funding rounds (latest: USD 4.66M Series A, December 2024, led by Capricon Realty). Notable investors: Shree Naman Group, Snow Leopard Ventures, InCred Capital, Patni Financial Advisors. Founders: Shiv Parekh and Samir Bhandari. SEBI contact: Priyal Kothari. Registered address: Ground Floor, G-4, Court Chambers, 35, Sir Vithaldas Thackersey Marg, New Marine Lines, Mumbai 400020.

hBits democratises commercial real estate investment by enabling fractional ownership of premium office spaces and commercial properties across India with minimum ticket sizes from INR 30 lakhs. The platform provides investors with stable monthly rental income and capital appreciation from commercial assets, combining technology with real estate expertise to underwrite and manage properties. Target assets: Grade A commercial offices, typically tenanted by listed MNCs and technology companies, offering entry yields of 8–10% and expected IRRs of 14–18%.