About Propreturns
Propreturns is a Technology company based in Delhi (India) founded in 2021 by Jayant Panwar and Kenish Shah. Propreturns has raised $1.33 million across 3 funding rounds from investors including Gokul Rajaram, Varun Alagh and Sandeep Agarwal. The company has 1 employees. Its chief executive, as recorded, is Kenish Shah. Its Indian entity Propreturns Real Estate Technology Private Limited reported revenue of ₹4.77 Cr. Its focus areas include FinTech, Investment Tech, Alternative Investment Platforms and Real Estate. Its competitors include RealX, Aurum Analytica and Aasthy; 3 of its 3 listed competitors have raised funding.
Company details
Digital platform for real estate investments. It provides state of the art algorithms to automatically convert the listed property into rich financial metrics to attract professional investors effortlessly. It allows investors to buy and sell pre-leased commercial and distressed residential investment properties using detailed analysis. It enables buyers to make investment decisions backed by data and comprehensive financial analysis.
- Headquarters Delhi, India
- Employees 1
- Founders Jayant Panwar, Kenish Shah
- SectorsTechnology
- Email••••••••
- Website propreturns.com
- Social LinkedIn Facebook
- Legal Name Propreturns Real Estate Technology Private Limited
- Date of Incorporation 15 Sep, 2020
- Jurisdiction Delhi, India
- Annual Revenue₹4.77 Cr
FY 2025 · +34% YoY
- Net Loss-₹89.6 Lakh
FY 2025 · -19% margin
- EBITDA-₹89.4 Lakh
FY 2025 · -19% margin
- Total Equity Funding$1.33M (USD)
in 3 rounds
- InvestorsY Combinator
& 8 more
- Employee Count1
Associated legal entities of Propreturns
Propreturns is associated with 2 registered companies on The Company Check; the primary company is Propreturns Real Estate Technology Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Propreturns Real Estate Technology Private Limited CIN U70109DL2020PTC369989 | Active | 15 Sep 2020 | Delhi, Delhi | ₹4.8 Cr | 4 | View details | |
| Reflex Realty Llp CIN AAL-1037 | Active | 10 Nov 2017 | Mumbai, Maharashtra | ₹0.0 Cr | 3 | View details |
Funding Insights of Propreturns
Propreturns has successfully raised a total of $1.33M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.33M
- Total Rounds 3
- First Round $125,000
(Sep 2021)
- Investors Count 9
All 3 funding rounds of Propreturns with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2022 | Seed | – | 1947 Rise | ||
| Dec 2021 | $1.2M | Seed | – | Goodwater Capital, Soma Capital | |
| Sep 2021 | $125,000 | Seed | – | Y Combinator | – |
9 investors in total: 4 institutional and 5 angel.
Investors in Propreturns
Propreturns has secured backing from 9 investors, including angel and venture fund investors. Prominent investors backing the company include Gokul Rajaram, Varun Alagh and Sandeep Agarwal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech startups are funded by 1947 Rise venture capital. | Seattle, United States | |||
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Investments in consumer tech sectors are managed by Goodwater Capital. | goodwatercap.com | Burlingame, United States | ||
Early-stage investments are provided by Soma Capital to startups. | somacap.com | San Francisco, United States | ||
GR Gokul Rajaram | Angel investor, product leader at DoorDash, ex-Google, Square | unknown_9228a666645d40a6a | ||
VA Varun Alagh | Co-founder & CEO of Mamaearth, active angel investor in consumer startups | unknown_f14a1dcd2a944c8fb | ||
SA Sandeep Agarwal | Co-founder of ShopClues, active angel investor in Indian startups | unknown_7ac2c1c756df4c38a | ||
NJ Nitin Jain | Co-founder of OfBusiness, active angel investor in Indian startups | unknown_419e524c775c476f8 | ||
KV Karan Virwani | unknown_02f2f64fb1324850b |
Investor details for Propreturns
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Propreturns Real Estate Technology Private Limited (Propreturns)
Propreturns Real Estate Technology Private Limited is the primary company behind Propreturns. The boards of the 2 registered companies of Propreturns currently have 6 directors; the longest-serving is Manish Mahipatrai Shah, appointed in 2017. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manish Mahipatrai Shah DIN 00365631 | Designated Partner | 10 Nov 2017 | 9 yrs | Reflex Realty Llp, Propreturns Real Estate Technology Private Limited |
| Vipul Mahipat Shah DIN 00365800 | Designated Partner | 10 Nov 2017 | 9 yrs | Reflex Realty Llp |
| Rakesh Mahipatrai Shah DIN 00365733 | Designated Partner | 10 Nov 2017 | 9 yrs | Reflex Realty Llp |
| Kenish Vipul Shah DIN 08880051 | Director | 15 Sep 2020 | 6 yrs 1 mo | Propreturns Real Estate Technology Private Limited |
| Jayant Panwar DIN 08880052 | Director | 15 Sep 2020 | 6 yrs 1 mo | Propreturns Real Estate Technology Private Limited |
| Somil Mathur DIN 08975625 | Director | 27 Nov 2020 | 5 yrs 11 mo | Propreturns Real Estate Technology Private Limited |
People of Propreturns
18 people are tracked at Propreturns (4 in leadership, 14 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
| Co-Founder & CTO | Leadership | |
Kaushik Bagda | Head, Sourcing | Leadership |
Aaryan Mandlik | Sourcing Executive | Team |
Tanishq Salunke | Sourcing Executive | Team |
Suryakant Burkul | Sourcing Executive | Team |
Sohail Sayyed | Relationship Manager | Team |
Omkar Lohar | Sourcing Executive | Team |
Shilpa Sequeira | Sourcing Executive | Team |
Siddhiraj Rege | Sourcing Executive | Team |
Ekta Kharwa | Sourcing Executive | Team |
Ansh Nagda | Social Media Manager | Team |
Dharam Gupta | Relationship Manager | Team |
Nitin Tiwari | Verification Executive | Team |
Kshitij Lad | Verification Executive | Team |
Vaishak Kotian | Relationship Manager | Team |
Tej Karan | Relationship Manager | Team |
Complete people profiles for Propreturns
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Propreturns
Figures of Propreturns Real Estate Technology Private Limited, the primary company behind Propreturns, for FY 2025. Revenue was ₹4.77 Cr (+34% year on year). Net loss was -₹89.6 Lakh (-19% margin). EBITDA was -₹89.4 Lakh (-19% margin). Revenue has grown at a compounded annual rate of +95% over three years.
- ₹4.77 CrRevenue · FY 2025 · +34% YoY
- -₹89.6 LakhNet loss · -19% margin
- -₹89.4 LakhEBITDA · -19% margin
- ₹3.3 LakhPaid-up capital
- +95%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Propreturns Real Estate Technology Private Limited are on its company page.
Detailed financial statements for Propreturns
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of Propreturns
3 dated milestones of Propreturns across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Propreturns is founded.
- Funding First funding round of $125K.
- Funding Latest funding round, Seed,.
Competitors of Propreturns
Propreturns has 3 listed competitors in our database, 3 of them funded. They include RealX, Aurum Analytica and Aasthy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| realx.in | 2017 | Pune, India | $83,600 | Provider of fractional ownership of real estate properties | ||
| aurumanalytica.in | 2011 | Noida, India | $1M | 122 | AI-integrated real estate management platform | |
| aasthy.com | 2020 | Bengaluru, India | $228,600 | Fractional real estate investments are enabled via a data-driven platform. |
Detailed competitors of Propreturns
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Propreturns
Websites that share an audience with Propreturns (propreturns.com).
Websites whose visitors overlap most with Propreturns. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tenanto.in | 100% | 37.4K | #1,293,677 | View details | |
| jugyah.com | 96% | 47.2K | #645,880 | View details | |
| questcoworks.in | 30% | #5,313,545 | View details |
Top companies in Investment & Financial Technology
2 companies that operate in the same segment as Propreturns (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 549.14 M | 3,823 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Related news about Propreturns
Complete news archive for Propreturns
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Frequently Asked Questions about Propreturns
Propreturns was founded in 2021.
Propreturns is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Kenish Shah is the CEO of Propreturns, as recorded in our data. They have also founded this company.
Propreturns is a funded company, having raised a total of $1.33M across 3 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Sep 2021.
Propreturns has 1 employees.
The primary company behind Propreturns, Propreturns Real Estate Technology Private Limited, reported revenue of ₹4.77 Cr for FY 2025, up 34% year on year.
Digital platform for real estate investments. It provides state of the art algorithms to automatically convert the listed property into rich financial metrics to attract professional investors effortlessly. It allows investors to buy and sell pre-leased commercial and distressed residential investment properties using detailed analysis. It enables buyers to make investment decisions backed by data and comprehensive financial analysis.
Propreturns's top competitors include Aurum Analytica, RealX and Aasthy.
Propreturns has 9 investors. Key investors include Gokul Rajaram, Varun Alagh, Sandeep Agarwal, Nitin Jain, and Karan Virwani.
Propreturns is associated with 2 legal entities: Propreturns Real Estate Technology Private Limited, Reflex Realty Llp.
The legal entities of Propreturns currently have 6 directors, including Manish Mahipatrai Shah, Vipul Mahipat Shah, Rakesh Mahipatrai Shah and others.