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Own Your Bit.
Managed by hBits
Private equity, private credit and real-estate funds that don't employ leverage except for operating needs. The largest AIF category.
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.

Shiv Parekh
Founder & CEO
Shiv Nilesh Parekh is Founder and CEO of hBits, which he incorporated in 2018 to democratise access to premium commercial real estate. Under his leadership the platform grew to INR 500 Cr+ AUM, 100K+ users, and secured both an AIF licence (2023) and an SM REIT licence (2025) from SEBI.

Samir Bhandari
Co-Founder & CFO
Samir Yograj Bhandari is Co-Founder and CFO of hBits, overseeing financial strategy and operations.
Siddharth Bakshi
Director
Aabimaanyo Arora
Associate Director
Sarthak Dhingra
Senior Vice President
Ravianand Kharwar
Senior Vice President
Upasana Dikshit
Vice President & Compliance Officer
Upasana Dikshit is VP and Compliance Officer at hBits Investment Management. Contact for SEBI SCORES grievance redressal.
Priyal Kothari
SEBI Contact Person (AIF)

Radhakrishna Nair
Independent Director

Shishir Dalal
Independent Director
No insights published yet.
Investments in AIFs carry market and credit risk including possible loss of capital. Past performance does not indicate future returns. Information shown is sourced from the issuer's PPM and SEBI filings — confirm against the latest PPM before committing. wisefolio is an information platform; it is not registered with SEBI as an investment adviser, portfolio manager, or distributor. By using this page you accept our terms and privacy policy, including the self-attestation that you are eligible to view AIF marketing material under SEBI rules.

Harsh Chamria
Independent Director

Amita Karia
Independent Director
View the investment manager profile with all PMS strategies and AIFs under hBits.