Introduction
Milad Monshipour is one of the most recognized entrepreneurs in Iran’s startup ecosystem. Known for founding TAPSI, a leading ride-hailing platform, he has now stepped into a completely different industry: real estate. With his new venture AirProp, Monshipour is once again proving that entrepreneurship is about vision, adaptability, and daring to enter uncharted markets.
Career Journey
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Born in 1982, Milad studied Mechanical Engineering at the University of Tehran and later pursued an MBA.
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He spent several years working with international companies in Europe and the U.S., gaining valuable global business experience.
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In 2015, he returned to Iran and co-founded TAPSI, alongside Hamid Mohini and Hooman Damirchi.
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Under his leadership, TAPSI grew rapidly and became one of the main players in Iran’s ride-hailing market.
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In early 2025, Monshipour stepped down as CEO of TAPSI due to strategic differences with shareholders, though he remained on the board.
The Birth of AirProp
After leaving TAPSI, Monshipour turned his attention to a new challenge: the global real estate market.
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AirProp is a Dubai-based real estate tech startup combining artificial intelligence with human expertise to transform the property experience.
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The platform focuses on intelligent property matching, market insights, and a smoother transaction journey for both buyers and sellers.
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AirProp has already attracted significant investor attention, reportedly raising around $20 million in funding, with Unique Properties mentioned as one of its key backers.
Strengths and Opportunities
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Proven founder credibility: Monshipour’s track record with TAPSI makes him a trusted name among investors and early adopters.
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Strategic location: Launching in Dubai places AirProp at the heart of one of the world’s fastest-growing and most international real estate markets.
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AI-driven approach: Leveraging technology to predict prices, personalize recommendations, and enhance transparency gives AirProp a competitive edge.
Challenges Ahead
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The global real estate sector is highly competitive, dominated by established players with vast resources.
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Navigating the legal and regulatory frameworks of multiple countries will be complex.
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Building trust is crucial, since real estate deals involve high-value, long-term commitments.
Outlook
AirProp represents more than just a startup; it reflects a bold move to bring Iranian entrepreneurial talent into global markets. If the execution matches the ambition, Monshipour could once again reshape an industry — this time, on an international scale.
