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Tag: Shiv Parekh

  • Zahid Gawandi joins hBits: Will the real estate game change forever?

    Zahid Gawandi joins hBits: Will the real estate game change forever?

    MUMBAI: hBits, India’s leading platform for investing in commercial real estate, has just made a big power move by appointing Zahid Gawandi as its director – brand & marketing.

    With over 20 years of marketing wizardry under his belt, Gawandi is all set to redefine hBits’ brand strategy and spearhead its market expansion. This appointment comes hot on the heels of the company’s impressive Rs 40 crore fundraise—talk about momentum!

    Gawandi isn’t just another marketing pro. He’s a brand guru with a track record that can rival a blockbuster movie. From launching Reliance Money to leading the rebranding of SBI Securities Ltd, Gawandi has done it all. He’s also dabbled in industries ranging from Fintech to FMCG to Automobiles.

    But wait, there’s more. Gawandi is no stranger to global markets, thanks to his time with advertising giants like Dentsu and Hakuhodo. Need more reasons to trust him? He’s a sought-after speaker, a business school faculty member, and even a jury member for prestigious marketing awards. Oh, and did we mention he’s also a marathon runner? Clearly, this man doesn’t know how to slow down.

    hBits is betting big on Gawandi’s knack for understanding consumer insights and his flair for crafting integrated marketing strategies. According to hBits founder & CEO Shiv Parekh, “With our recent Rs 40 crore fundraise, hBits is poised for exponential growth. Zahid’s strategic vision and expertise in marketing and brand building will be instrumental in positioning hBits as the preferred Proptech platform for fractional ownership of premium commercial real estate.”

    Gawandi plans to hit the ground running (literally, if his marathon habits are any indication). He will focus on:

    ●    Building integrated marketing strategies to enhance brand visibility.

    ●    Leveraging cutting-edge digital campaigns to attract clients.

    ●    Strengthening investor engagement through powerful product narratives.

    According to hBits co-founder Samir Bhandari, “Zahid’s extensive experience in BFSI, his grasp of global marketing dynamics, and his ability to inspire teams make him an invaluable asset to hBits. His marketing acumen will undoubtedly propel us toward even greater success.”

    If marketing were a race, Gawandi would already be at the finish line—probably wearing a medal. With him on board, hBits is ready to soar to new heights. Will he deliver a marketing masterstroke? 

  • Moneycontrol and hBits set to make commercial real estate accessible to all investors

    Moneycontrol and hBits set to make commercial real estate accessible to all investors

    Mumbai:  Moneycontrol, India’s leading financial news and investment platform, has partnered with hBits to transform the landscape of commercial real estate investment through fractional ownership and make it more accessible to a wider audience. This collaboration seeks to democratize access to Grade A commercial real estate properties, enabling potential investors to participate in fractional ownership through Moneycontrol’s platform.

    Moneycontrol, a trusted name in the financial sector boasting 75 million investors, offers an innovative investment service. The partnership introduces a dedicated ‘Invest Now’ tab on the Moneycontrol platform, providing a convenient gateway for potential investors to explore and engage in fractional ownership of commercial real estate. This feature will provide Moneycontrol users with an intuitive and easy-to-use interface to browse and invest in Grade A commercial properties curated by hBits, further enhancing the platform’s utility as a comprehensive financial resource.

    hBits, founded in 2018, has established itself as a pioneer in fractional ownership, offering fractional ownership in Grade A commercial properties. A concept providing lucrative investment opportunities that were previously inaccessible to the everyday investors. Their approach combines trust, transparency, and accessibility, ensuring that real estate investment is no longer the preserve of ultra-high-net-worth individuals and institutions.

    hBits has assets under management worth ~ Rs. 260 Crore and has amassed a significant user base of over 60,000 registered users. Its leadership team, with over 100 years of cumulative experience in real estate and finance, includes notable figures such as Shiv Parekh, the founder and CEO, and Samir Bhandari, the co-founder and CFO, both of whom have impressive backgrounds in global finance and real estate sectors.

    This integration aligns with recent regulatory changes by the Securities and Exchange Board of India (SEBI), supporting fractional and small-medium Real Estate Investment Trusts (REITs). These legal changes are likely to encourage investment and liquidity in the real estate sector, offering an ideal environment for such an innovative collaboration. This strategic alliance signifies a pivotal move for both organizations as hBits gains access to the extensive reach and user base of Moneycontrol, while Moneycontrol expands its offerings, giving users distinctive real estate investment alternatives. This collaboration is poised to open doors to more inclusive and diversified investment avenues for retail investors, marking a significant step towards democratizing access to high-value investment opportunities in commercial real estate market.

    Moneycontrol chief revenue officer Gaurang Shah said, “We are thrilled to announce our strategic partnership with hBits, marking a significant leap in the democratization of real estate investments. The joint platform is set to revolutionize the way people engage with commercial real estate, making fractional investments more accessible than ever before. At Moneycontrol, our commitment has always been to empower investors with innovative solutions, and this collaboration aligns perfectly with that vision. Through this platform, we aim to provide our users with a seamless and user-friendly experience, allowing them to participate in the lucrative commercial real estate sector with ease. Together with hBits, we look forward to opening new doors for investors, enabling them to diversify their portfolios and achieve their financial goals.”

    “We are thrilled to announce our partnership with Moneycontrol, marking a significant milestone in our quest to make commercial real estate investment more accessible to everyone. This collaboration is a game-changer, as it allows us to introduce the concept of fractional ownership of top-tier commercial properties to a broader audience. With Moneycontrol’s extensive network, we’re poised to revolutionize the way people invest in real estate. Our combined efforts will open the doors to premium real estate investments, making them not only accessible but also affordable for everyday investors,” expressed hBits CEO Shiv Parekh.