Kenish Shah publicly said the company had a terrible quarter in 2023, shut down a business vertical, and had major transactions fall apart, indicating strategy and execution volatility.
SourceEnd-to-end commercial real estate transaction platform
Public company, workplace, funding, and market signals
PropReturns is a Mumbai-based commercial real estate marketplace and transaction platform focused on helping businesses, investors, and property owners buy, sell, rent, and analyze commercial properties in India using data-backed tools and curated supply.
Primary product
End-to-end commercial real estate transaction platform for buying, selling, and renting commercial properties in India
Founded
2021
Headquarters
India Bulls Centre, Senapati Bapat Marg, Saidham Nagar, Parel, Mumbai, Maharashtra, India
Team size
10-50
Work style
Onsite
Industry
Real Estate
Sub-industry
Commercial real estate marketplace / proptech
Offices
0 jobs at PropReturns
Check back later for new openings
Business model
Stage
Seed
Total raised
$1.3M
Latest round
Seed II / strategic round · Jul 2022
Leadership
Co-Founder & CEO
Co-Founder & COO
Co-Founder & CTO
Head of Marketing
Investors
Public signals point to a small, fast-moving startup culture with client-facing execution, sales/operations intensity, and an emphasis on ownership and accountability; public employee-review data shows a moderate culture rating.
Work style
Onsite
Compensation
Public job listings suggest competitive upside rather than a standardized published compensation policy; one Mumbai role was posted at roughly ₹5L-₹15L/year, and a job ad explicitly mentioned 'great compensation upside'.
Benefits
Pricing
Not publicly disclosed; appears to be a marketplace / intermediation model with transaction and leasing services.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$1M-$10M
Kenish Shah publicly said the company had a terrible quarter in 2023, shut down a business vertical, and had major transactions fall apart, indicating strategy and execution volatility.
SourceLinkedIn · Aug 2024
A public LinkedIn post said PropReturns had crossed 5 lakh sq. ft. of transactions and launched its first brand video ad, signaling growth in deal volume and brand investment.
LinkedIn · Apr 2024
A company post highlighted a retail leasing deal for Mason Home by Amarsons, showing PropReturns' active office/retail leasing execution.
LinkedIn · Jan 2024
Kenish Shah said PropReturns had a difficult quarter, shut down a business vertical, and still ended 2023 with major transaction milestones and a larger team.
Entrepreneur · Jul 2022
Reported a strategic round with participation from Kunal Shah, Gokul Rajaram, 1947 Rise, Varun Alagh, Sandeep Agarwal, Nitin Jain, Karan Virwani, and others.
YourStory · Nov 2021
Founder story describing PropReturns as a platform for pre-leased commercial properties, its market opportunity, and its early traction.