Our Story

hBits is the most experienced and leading fractional ownership platform in the country, working at the intersection of real estate and technology. We started in 2018 with the vision to democratize access to real estate. Real estate traditionally was only accessible to ultra HNIs and institutions. Our goal is to become a global market for real estate by bringing this lucrative asset class to the everyday investors.

fractional property investment
~ ₹310+ Crore

Assets Under

commercial real estate investment
200+ Years


commercial property investment


Experts Behind hBits

Shiv Parekh
Shiv Parekh
Founder and CEO
  • Citi and Stanford Management Company (Stanford’s $30 Billion endowment)
  • Real estate development at Raycon
  • Established a coworking company, WorkLoft
  • MBA from Harvard Business School
  • BS in Engineering Physics from Stanford University
Awards & Recognitions:
  • Forbes Asia 30 Under 30 2022
  • Business World Disrupt 30 Under 30 2022
    Samir Bhandari
    Samir Bhandari
    Co-Founder and CFO
    • MD – Co-chair of Global Markets, Sales, Nomura
    • Head of Asia ex-Japan, across all asset classes,Nomura (Singapore)
    • MD, J.P. Morgan (Singapore)
    • MD, UBS (Singapore)
    • AVP, Bank Of America (Mumbai & Hongkong)
    • MBA from Indian Institute of Management Ahmedabad
    • CA from the Institute of Chartered Accountants of India
    • BCom from Narsee Monjee College of Commerce and Economics
        Anish Mody
        Anish Mody
        CPO - Tech
        • CTO – Viliyo
        • VP Technology, Banking and Financial Services at SLK Global Solutions
        • Head – Product Development, Banking and Financial Services at eClerx
        • Delivery Director at Capgemini
        • Project Manager, CGI USA
        • Post-Graduation in Data Science, International Institute of Information Technology
        • Post Graduate Diploma in Business Management, NMIMS
        • Design Thinking – IIM A
        • PMP (Project Management Professional), PMI USA
        • MCSD(Microsoft Certified Solutions Developer), Microsoft
            Vikas Verma
            Vikas Verma
            • Director of Engineering, Pharmeasy - Healthcare
            • VP Engineering, Toppr - EdTech platform
            • Co-founder and CTO, Manch - An Adaptive Learning platform
            • Co-founder, LurnQ - Collaborative Learning
                  Mihir Kanakia
                  Mihir Kanakia
                  Head Of Investments
                  • Director - Residential Services, Savills India ( International Property Consultant)
                  • Head - Sales & Distribution, Expat Projects & Development Pvt. Ltd.
                  • VP & Head - Product Development, Credit Cards , HSBC
                  • VP & Regional Head - HSBC InvestDirect Pvt. Ltd.
                  • VP & Corporate Employee Proposition , HSBC
                  • AVP - Business Development , HNI Acquisitions & Wealth, HSBC
                  • Deputy Manager - Process Manager HDFC Bank
                  • Citigroup Services - Area Manager, Premium Cards Sales
                  • Master's Degree Program ( MBA) NMIMS
                  • B.Com, Mithibai College
                      R K Nair
                      R K Nair
                      Veteran Banker and Regulator
                            • Board Member of ICICI Bank
                            • Trustee of Axis Mutual Fund
                            • Former-MD of Corporation Bank
                            • Former-ED of SEBI, Former-Member of IRDAI
                            Ramesh Nair
                            Ramesh Nair
                            Real Estate Stalwart and Market Maker
                                  • CEO - Mindspace REIT
                                  • Ex-CEO - India, MD Market Development, Asia at Colliers
                                  • Ex-CEO & Country Head at JLL
                                  • Ex Non-Executive Director on the RICS Global Regulatory Board
                                  • Chairman of the CII Real Estate and Infrastructure Conclave
                                  • Advisory Council member for the state of Telangana
                                  • Member of the RICS South Asia board
                                  • Member of the YPO
                                  Shishir Dalal
                                  Shishir Dalal
                                  Investment Banking and Corporate Advisor
                                        • Former-Partner of PwC and Dalal & Shah
                                        • Founder of Eurus Management Services
                                        Raycon is a joint venture with a globally active German group founded in 1834 with interest spanning real estate investment and development. It is engaged in setting up and leasing of IT parks and has experience in acquiring land, dealing with tenants and property management.

                                        Der Deutsche Parkz

                                        Nahur, Mumbai

                                        Developed by Raycon Group, Der Deutsche Parkz is located at Nahur, Mumbai. It presents premium office space customized for seamless business operations. Spanning over 4 lakh sq.ft of area, the building is LEED Certified Gold Rated by USGBC

                                        Jacob H&G House

                                        Navi Mumbai

                                        A corporate building for Humphrey & Glasgow now acquired by Jacob International, a Fortune 500 company. With multi-billion dollar in revenues, Jacob was tagged as the Most Admired Engineering and Construction Company.

                                        Logitech Park

                                        Andheri, Mumbai

                                        Raycon Group is the co-promoter of Logitech, an IT park located in Andheri. Spanning over a million sq.ft area, it houses tenants that are Fortune 100 companies.

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