hBits Welcomes CFO Samir Bhandari as Co-Founder

hBits, the premier real estate fractional ownership platform, is excited to announce that Samir Bhandari, currently serving as CFO, has been invited to join as a Co-founder. This development comes in recognition of Bhandari's strategic prowess and substantial contributions to hBits' exceptional growth.

As a distinguished alumnus of IIM-A and having an illustrious career spanning multiple leadership positions, including MD – Co-chair of global markets and sales at Nomura, Head of Asia ex-Japan at Nomura (Singapore), MD at J.P. Morgan (Singapore), MD at UBS (Singapore), and AVP at Bank of America (Mumbai & Hongkong), Bhandari brings unmatched expertise in raising capital and attracting both national and international investors.

Since joining hBits, Bhandari's outstanding financial expertise has facilitated an impressive ₹21 crores in funding, a testament to his strategic capabilities. Under his wise guidance, hBits has undergone rapid expansion, with the team catapulting from a modest 12 members to a dynamic force of 45 professionals within a year. Bhandari's knack for drawing top-tier talent has been instrumental in fostering a vibrant and cohesive culture at hBits. This unified team, galvanized by a shared vision, channels their combined efforts towards a common goal, thereby solidifying the company's path to continued success.

In his new role, Bhandari aims to continue capital-raising endeavours, driving hBits' growth and positioning the company as a leading choice for real estate fractional ownership. The pursuit of funding for the Alternative Investment Fund (AIF) remains a priority, as hBits seeks to broaden its investment offerings.

Shiv Parekh, hBits CEO and Founder, expresses his confidence in Bhandari: "Samir has been instrumental to our achievements. His dedication, expertise, and leadership have been key in securing capital and we trust in his ability to guide our financial strategies as Co-founder. His relentless pursuit and commitment to fostering a culture of excellence within the organization will be a driving force in the years to come”

Samir Bhandari himself conveyed his gratitude for the elevation, remarking, “I'm excited to work closely with the team and entire hBits community to continue elevating our real estate investment platform, delivering unparalleled value to our investors and driving our focus on AIF ventures."

With Bhandari's strategic insights and financial acumen, hBits continues its journey towards securing its standing in the fractional ownership market and offering accessible, profitable investment opportunities to a broader base of individuals.