PropReturns
DefunctYC S21MH, IN · Founded 2021 · 40 employees · 4 known investors
Find your way into PropReturns
849 people in our graph share verified history with the PropReturns team — schools, employers, funds. One of them is your warm intro.
Garry Tanunlockedknows Kenish Shah · together at Y Combinator (overlapped)
×10knows the team · via Y Combinator
knows the team · via Stealth AI Startup
PropReturns operates an online marketplace where Indian businesses and individuals can buy, sell, and lease commercial properties, using data to address market fragmentation and transparency gaps.
Founders & leadership· Y Combinator alumni (S21)
PropReturns was founded in 2021 by Jayant Panwar, Somil Mathur, and Kenish Shah.
JP

Jayant Panwarin𝕏Co-Founder2020–2025He previously co-founded AudaceLabs, an AI consulting firm serving enterprise clients, and AutoChain, a used car marketplace in the UAE.
SM

Somil Mathurin𝕏Co-Founder2020–2024Founder of PropReturns, an online marketplace for buying, selling, and leasing commercial properties in India.
KS

Kenish Shahin𝕏Co-Founder and CEO2020–2026Founder of PropReturns, an online marketplace for buying, selling, and leasing commercial properties in India.
Investors · 4
Y CombinatorSan Francisco · $500K
Goodwater CapitalreportedBurlingame · $5M – $50M
Soma CapitalreportedSacramento · $100K – $300K
Also in the syndicate · 1
1947 Rise
Funding
SEC filings, press & company announcements$1.2M disclosed across 1 of 2 rounds · 2021–2022
- Undisclosed amountstrategic roundJul 2022 · 2 sources
1947 Rise, Goodwater capital, Soma Capital, Y combinator
Source ↗ - $1.2MraisedDec 2021 · 3 sources
GoodWater Capital, Soma Capital, Y Combinator
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Frequently asked questions
- What does PropReturns do?
- PropReturns operates an online marketplace where Indian businesses and individuals can buy, sell, and lease commercial properties, using data to address market fragmentation and transparency gaps.
- Who founded PropReturns?
- PropReturns was founded by Jayant Panwar, Somil Mathur, Kenish Shah in 2021.
- Who are PropReturns's investors?
- PropReturns's investors include Y Combinator, Goodwater Capital, Soma Capital.
- How much funding has PropReturns raised?
- PropReturns has disclosed $1.2M raised across 1 of its 2 known rounds.
- Where is PropReturns headquartered?
- PropReturns is headquartered in MH, IN.


