Fractional Ownership Startup hBits Bags INR 40 Cr From Capricon Realty

hBits Targets Tripling AUM After Rs 40 Crore Series A Funding Success

Mumbai-based proptech startup hBits has lately raised Rs 40 crore in a Series A funding round led by Capricon Realty Private Limited, which is part of the Thackersey Group. The company had earlier successfully raised $3.32 million from Shree Naman Group and a couple of more investors. It has plans to enhance AI-driven technology platform, expand geographically and offer high-value investment opportunities to more people with the fresh funding. h…

hBits Raises ₹40 Crore in Series A Round from entity of Thackersey Group

Mumbai, January 8, 2025: Commercial real estate investment platform hBits has raised ₹40 Crore in its Series A funding round from Capricon Realty Private Limited, an entity of Thackersey Group. This milestone comes at a pivotal time for hBits, as it capitalizes on SEBI’s newly introduced Small and Medium Real Estate Investment Trust (SM REIT) regulations to revolutionize access to Grade-A commercial real estate for individual and institutional i…

Proptech startup hBits raises Rs 40 Cr in Series A

hBits, a platform for investing in commercial real estate, has raised Rs 40 crore in a Series A funding round from Capricon Realty Private Limited, an entity of the Thackersey Group. The Mumbai-based company had previously raised $3.32 million from Shree Naman Group and others. The funds will be used to enhance its AI-driven technology platform, expand its geographical presence, and bring curated, high-value investment opportunities to a wider a…

Fractional Ownership Startup hBits Bags INR 40 Cr From Capricon Realty

Mumbai-based fractional ownership startup hBits has bagged INR 40 Cr (around $4.6 Mn) in a Series A funding round from Capricon Realty, an entity of Thackersey Group. The company plans to deploy the fresh proceeds to boost its AI driven platform, expand its geographical footprint and bring curated and high-value investment opportunities to a wider base of customers. Founded in 2018 by Shiv Parekh, hBits is a fractional ownership platform which e…