Propelld
Bengaluru-based education-focused fintech lending platform offering collateral-free student loans through a proprietary employability-based underwriting model. Propelld partners with 3,000+ educational institutes across K12, higher education, coaching and upskilling, and lends both via digital lending partners and its own wholly-owned NBFC, Edgro.
Propelld: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 8 May 2025 | Series D | $30.5 Mn | WestBridge Capital Stellaris Venture Partners | source |
| 17 May 2024 | Debt | $25 Mn | AU Small Finance Bank Credit Saison India InCred Northern Arc Capital | source |
| 18 Feb 2022 | Series B | $35 Mn | WestBridge Capital India Quotient Stellaris Venture Partners | source |
| 2 Jul 2019 | Series A | $2 Mn | India Quotient Indian Angel Network Raghunandan G Ramakant Sharma Stellaris Venture Partners | source |
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Who founded Propelld?
Propelld was founded by Bibhu Prasad Das, Victor Senapaty, Brijesh Samantaray in 2017.
How much funding has Propelld raised?
Propelld has raised $92.5 Mn across 4 tracked funding round(s), most recently on 2025-05-08. Figures are compiled from cited public sources.
Who are the investors in Propelld?
Investors in Propelld include WestBridge Capital, Stellaris Venture Partners, AU Small Finance Bank, Credit Saison India, InCred, Northern Arc Capital, India Quotient.
What does Propelld do?
Bengaluru-based education-focused fintech lending platform offering collateral-free student loans through a proprietary employability-based underwriting model. Propelld partners with 3,000+ educational institutes across K12, higher education, coaching and upskilling, and lends both via digital lending partners and its own wholly-owned NBFC, Edgro.
Where is Propelld headquartered?
Propelld is headquartered in Bengaluru, Karnataka, India.
What is Propelld's business model?
Propelld's core value proposition centers on Collateral-free education loans, 100% digital, fast approval, Employability-based underwriting beyond credit score.
How does Propelld make money?
Propelld's cited revenue streams include Interest income / rate spread on education & upskilling loans.