About Propstack
Propstack is a Real Estate & Construction company based in Mumbai (India) founded in 2013 by Shubankar Dongre, Raja Seetharaman, and Sandeep Reddy. Propstack is recognized as Indias leading real estate data and analytics platform. It operates on a Data-as-a-Service, PropTech, and Subscription Services model in Real Estate & Construction and Technology sectors. Propstack has raised $4.68 million across 5 funding rounds from investors including DMGT, Real Capital Analytics and Gruhas. The company has 20 employees. Propstack was last valued at $8.52 million in September 2016. Its Indian entity Propstack Services Private Limited reported revenue of ₹5.75 Cr. Propstack offers products and services including Office, Developer Loans, Residential, Warehousing, and LoanFeeds. Its focus areas include Real Estate, Real Estate Technology and Data and Analytics.
Company details
Propstack is established as Indias foremost platform for real estate data, analytics, and workflow solutions. It is developed to address the need for greater market transparency and efficiency in the real estate sector. Comprehensive datasets covering over 1.4 billion square feet of transactions, 100 billion in developer loans, and over 1 million residential transactions are maintained. Solutions are provided for office, residential, warehousing, and loan markets through cloud-based products and APIs. Workflow solutions are integrated with datasets to maximize utility for lenders, investors, developers, and consumers. Insights and analytics are generated to support smarter decision-making across real estate and finance sectors in India.
- Headquarters Mumbai, India
- Employees 20
- Founders Shubankar Dongre, Raja Seetharaman, Sandeep Reddy
- Stage Minicorn
- SectorsReal Estate & ConstructionTechnology
- Email••••••••
- Phone•••• ••••
- Website propstack.com
- Social LinkedIn X Facebook YouTube
- Legal Name Propstack Services Private Limited
- Date of Incorporation 05 Jul, 2013
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹5.75 Cr
FY 2024 · -8% YoY
- Net Profit₹81.1 Lakh
FY 2024 · 14% margin
- EBITDA₹3.36 Cr
FY 2024 · 58% margin
- Total Equity Funding$4.68M (USD)
in 5 rounds
- Latest Funding Round$608.3K (USD), Series A
Apr 2023
- InvestorsDMGT
& 11 more
- Employee Count20
Associated legal entities of Propstack
Propstack operates through Propstack Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Propstack Services Private Limited CIN U74120MH2013PTC245271 | Active | 05 Jul 2013 | Mumbai, Maharashtra | ₹5.7 Cr | 20 | 4 | View details |
Products & Services of Propstack
Propstack offers a comprehensive portfolio of products and services, including Office, Developer Loans, Residential, Warehousing, and LoanFeeds.
Transaction data for over 1 billion sqft buildings.
Covers over $100 billion in real estate loans.
Covers over a million residential transaction records.
Transaction data for 375 million sqft warehousing deals.
Facilitates discovery of secured corporate lending options.
Supports buyers and sellers with intelligent decision-making tools.
Creates digital twins of properties using partnerships.
Delivers virtual staging at reduced time and cost.
Apps and channels of Propstack
its YouTube channel Propstack India has 66 subscribers and 3 videos.
Videos from Propstack
The most watched videos on Propstack's YouTube channel, Propstack India (66 subscribers). Click a video to play it here.
More on Propstack India.
Funding Insights of Propstack
Propstack has successfully raised a total of $4.68M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $608.3 thousand completed in April 2023. 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 $4.68M
- Total Rounds 5
- Last Round Series A — $608,295
- First Round $147,381
(Oct 2014)
- Investors Count 12
All 5 funding rounds of Propstack 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 |
|---|---|---|---|---|---|
| Apr 2023 | $608,295 | Series A | – | – | |
| Feb 2018 | Angel Round | – | Srini Sriniwasan, Ashish Khandelia | – | |
| Sep 2016 | $941,540 | Series A | $8.52M | DMGT | – |
| Jun 2015 | $2.98M | Series A | $8.4M | DMGT | |
| Oct 2014 | $147,381 | Angel Round | $••••• | Kunal Kakad, Malav Kakad |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2016 | $8.52M | •••••••• |
| Jun 2015 | $8.4M | •••••••• |
| Oct 2014 | $••••• | •••••••• |
Full valuation and stage history of Propstack
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $8.52M (Sep 2016). 12 investors in total: 5 institutional and 7 angel.
Investors in Propstack
Propstack has secured backing from 12 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include DMGT, Real Capital Analytics and Gruhas.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in technology-driven innovations and partnerships in India. | 2021 | gruhas.com | Bengaluru, India | |
Investment holding company | 1922 | dmgt.com | London, United Kingdom | |
Database for commercial real estate investment | 2000 | rcanalytics.com | New York, United States | |
Events, venues, television networks, and athlete services are provided. | rcagroup.com | Kansas City, United States | ||
SS Srini Sriniwasan | unknown_95f5ec0052f34a968 | |||
AK Ashish Khandelia | Founder of Certus Capital, real estate finance expert, active angel investor | unknown_2d2d53d3588b4763a | ||
SE Shanti Ekambaram | unknown_671dd2d5183c4082a | |||
TS TS Sivashankar | unknown_7f2e7a3bdf624bd89 | |||
KK Kunal Kakad | unknown_e4d73295b0864cecb |
Investor details for Propstack
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Propstack Services Private Limited (Propstack)
Propstack Services Private Limited is the primary company behind Propstack. The board of Propstack Services Private Limited currently have 4 directors; the longest-serving is Sandeep Hanumanth Reddy, appointed in 2014. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sandeep Hanumanth Reddy DIN 02354031 | Director | 18 Feb 2014 | 12 yrs 8 mo | Propstack Services Private Limited |
| Raja Seetharaman DIN 03305710 | Director | 06 Jun 2014 | 12 yrs 5 mo | Propstack Services Private Limited |
| Shubhankar Gautam Dongre DIN 01541198 | Director | 06 Jun 2014 | 12 yrs 5 mo | Propstack Services Private Limited |
| Erik Jacques Pierre Levy DIN 07913154 | Director | 01 Sep 2017 | 9 yrs 2 mo | Propstack Services Private Limited |
People of Propstack
8 people are tracked at Propstack (4 in leadership, 4 in team); the tracked headcount is 20.
| Name | Role | Group |
|---|---|---|
Shubankar Dongre | Co-Founder | Leadership |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Abhishek Khandelwal | Associate Director | Leadership |
Raksha Shetty | Executive Administrative Assistant | Team |
Rajshree R Panwar | Management Information System Analyst | Team |
Propstack Services Pvt Ltd | Leading CRE Data And Analytics Player In India | Team |
Tanmoy Sinha | Quality Analyst | Team |
Complete people profiles for Propstack
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Propstack
Figures of Propstack Services Private Limited, the primary company behind Propstack, for FY 2024. Revenue was ₹5.75 Cr (-8% year on year). Net profit was ₹81.1 Lakh (14% margin). EBITDA was ₹3.36 Cr (58% margin). Revenue has grown at a compounded annual rate of -5% over three years and +2% over five years.
- ₹5.75 CrRevenue · FY 2024 · -8% YoY
- ₹81.1 LakhNet profit · 14% margin
- ₹3.36 CrEBITDA · 58% margin
- ₹2.2 LakhPaid-up capital
- 20Employees (provident fund records)
- -5%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Propstack Services Private Limited are on its company page.
Detailed financial statements for Propstack
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Propstack
4 dated milestones of Propstack across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Propstack is founded.
- Funding First funding round of $147K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $608K.
Web traffic of Propstack
The website of Propstack (propstack.com) receives about 3.4K visits a month.
- Monthly visits3.4K
▼ 9.6% vs previous month
Websites whose visitors overlap most with Propstack. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| crematrix.com | 100% | 14.3K | #1,286,786 | View details | |
savills.in | savills.in | 84% | #2,191,431 | – | |
| propequity.in | 79% | 50.6K | #1,030,855 | View details | |
| indextap.com | 75% | 123.6K | #251,654 | View details | |
moneytreerealty.com | moneytreerealty.com | 74% | #534,563 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 16 similar websites and full traffic analytics for Propstack
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 16 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Real Estate Technology Platforms
3 companies that operate in the same segment as Propstack (Real Estate Technology Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Online platform for buying, renting, and selling residential and commercial properties | 2012 | Gurugram, Haryana, India | USD 146.45 M | USD 25.52 M | 1,188 | |
A platform for residential property buying is facilitated by PropTiger. | 2011 | Gurugram, Haryana, India | USD 99 M |
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Related news about Propstack
Complete news archive for Propstack
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Frequently Asked Questions about Propstack
Propstack was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Propstack is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Propstack is a funded company, having raised a total of $4.68M across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $147.38K, raised on Oct 2014.
Propstack has 20 employees.
The primary company behind Propstack, Propstack Services Private Limited, reported revenue of ₹5.75 Cr for FY 2024, down 8% year on year.
Propstack is established as Indias foremost platform for real estate data, analytics, and workflow solutions. It is developed to address the need for greater market transparency and efficiency in the real estate sector. Comprehensive datasets covering over 1.4 billion square feet of transactions, 100 billion in developer loans, and over 1 million residential transactions are maintained. Solutions are provided for office, residential, warehousing, and loan markets through cloud-based products and APIs. Workflow solutions are integrated with datasets to maximize utility for lenders, investors, developers, and consumers. Insights and analytics are generated to support smarter decision-making across real estate and finance sectors in India.
Propstack offers Office, Developer Loans, Residential, Warehousing, and 4 more products and services.
Propstack has 12 investors. Key investors include DMGT, Real Capital Analytics, Gruhas, Srini Sriniwasan, and Ashish Khandelia.
The valuation of Propstack is $8.52M as of Sep 2016.
Propstack operates through Propstack Services Private Limited.
The legal entities of Propstack currently have 4 directors, including Sandeep Hanumanth Reddy, Raja Seetharaman, Shubhankar Gautam Dongre and others.