PropReturns, an Indian real estate investment startup, has raised $1.2 million from a group of marquee investors including US-based Y Combinator, Goodwater Capital, and Soma Capital.
Launched in 2021, the startup is a real estate investment platform that enables investors to purchase rent-yielding commercial properties across India. It was founded by BITS Pilani graduates Kenish Shah, Jayant Panwar and Somit Mathur. It is being used by over 4,000 investors, wealth managers, and real estate funds to invest in rent-generating commercial properties across India.
