Propelld
$60Mtotal raised · 2 rounds on record
$25Mlatest round · Venture round · May 2024 · 2 yr ago
2backers · India Quotient, Stellaris Venture Partners
50+team · employees, estimated range
Overview
Get the best instant education loans without collateral at Propelld. Discover flexible options and low interest rates. Apply now and secure your future!
Funding and backers
Total raised
$60M
2 rounds on record
Latest round
$25M
Venture round · May 2024 · 2 yr ago
Team
51-200
employees, estimated range
Backers
2
India Quotient, Stellaris Venture Partners
The money's age
Long since its last round
29 months since the last round · not hiring
Momentum
0/100
no fresh signals
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Oct 28, 2024
New executive Propelld Appoints Manoj Shetty as Chief Business Officer · CXOToday.com
May 20, 2024
Raised a round Venture round $25M · businessline
Feb 18, 2022
Raised a round Venture round $35M · Business Today
Nov 2016
Website went live first capture in the Wayback Machine
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Venture round | May 2024 | $25M | — | businessline |
| Venture round | Feb 2022 | $35M | — | Business Today |
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Shared investors
Stellaris Venture PartnersVia a fund
India QuotientVia a fund
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News
Propelld's 4000+ Cr Education Model: Expanding Access To Learning In Bharat Without Collateral
Founded in 2017 by Bibhu Prasad Das, Victor Senapati, and Brijesh Samantaray, Propelld is a fintech company focused on enhancing education financing in India.
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Propelld Appoints Manoj Shetty as Chief Business Officer
Propelld, a fintech leader in education lending in India, has appointed Manoj Shetty as Chief Business Officer (CBO) to achieve its business goal in the study abroad market. With over 25 years of experience across various roles in the financial services i
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Educational lending platform Propelld raises $25 million for NBFC arm Edgro
Propelld, a fintech start-up that offers educational funding, has raised $25 million for its wholly-owned non-banking financial company (NBFC) subsidiary Edgro.
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Fintech Startup Propelld's NBFC Edgro Raises $25 Mn In Maiden Debt Round
Edgro raised the funding from nine lenders, including Credit Saison India, AU Small Finance Bank, InCred Financial Services and Northern Arc Capital.
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Navigating the Digital Risk Landscape: Propelld's Innovative Strategies
CXOToday has engaged in an exclusive interview with Bibhu Prasad Das, Co-Founder, Propelld. What sets Propelld apart in revolutionizing education finance? At Propelld, we are revolutionizing education finance with a distinct and multifaceted approach. We
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Propelld Launches Second Phase of Scholarship Program, Offering Free Counseling Services for PG Education Financing
Business News: Banglore, Karnataka, India (NewsVoir) Propelld, India's leading education financing platform, is pleased to announce the launch of the second phase of
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Fintech platform Propelld raises $35 mn led by WestBridge Capital - BusinessToday
Propelld has tie-ups with over 550 educational institutes and is currently clocking an annual loan disbursal run rate of Rs 600 crore.
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Propelld plans to add 120 employees by FY22
Education financing platform Propelld on Wednesday said it is planning to recruit 120 professionals across verticals by the end of FY22.
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