PropReturns gets $1.2 mn from Goodwater Capital, others
Real Estate

PropReturns gets $1.2 mn from Goodwater Capital, others

Real estate platform PropReturns has raised $ 1.2 million in funding from a group of notable investors, including Y Combinator, Goodwater Capital, and Soma Capital from the United States.

Investors can buy pre-leased commercial properties all over India through the company.

PropReturns, founded by Kenish Shah, Jayant Panwar, and Somit Mathur in mid-2021, now has over 450 pre-leased properties.

The funds will be used to expand into new cities and broaden the asset classes available in the company's marketplace, according to the company. The company also stated that it intends to scale and grow transactions, as well as educate and onboard more property investors and sellers to the platform.

Propreturns Real Estate Technology Private Limited, founded in 2021 by BITS Pilani graduates Kenish Shah, Jayant Panwar, and Somil Mathur uses Artificial Intelligence (AI)-based algorithms and a proprietary database to make the process of investing in commercial real estate easier.

The platform provides an option for those looking to sell their currently rented commercial properties. They can use PropReturn's website to list their properties. PropReturns claims to serve over 4,000 investors, wealth managers, and real estate funds across India who want to invest in rent-generating commercial properties.

Lumos Alternate Investment Advisors Private Limited and Gruhas Proptech LLP joined forces to raise a Rs 500 million real estate fund in November.

Image Source

Real estate platform PropReturns has raised $ 1.2 million in funding from a group of notable investors, including Y Combinator, Goodwater Capital, and Soma Capital from the United States. Investors can buy pre-leased commercial properties all over India through the company. PropReturns, founded by Kenish Shah, Jayant Panwar, and Somit Mathur in mid-2021, now has over 450 pre-leased properties. The funds will be used to expand into new cities and broaden the asset classes available in the company's marketplace, according to the company. The company also stated that it intends to scale and grow transactions, as well as educate and onboard more property investors and sellers to the platform. Propreturns Real Estate Technology Private Limited, founded in 2021 by BITS Pilani graduates Kenish Shah, Jayant Panwar, and Somil Mathur uses Artificial Intelligence (AI)-based algorithms and a proprietary database to make the process of investing in commercial real estate easier. The platform provides an option for those looking to sell their currently rented commercial properties. They can use PropReturn's website to list their properties. PropReturns claims to serve over 4,000 investors, wealth managers, and real estate funds across India who want to invest in rent-generating commercial properties. Lumos Alternate Investment Advisors Private Limited and Gruhas Proptech LLP joined forces to raise a Rs 500 million real estate fund in November. Image Source

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code