Propelld

About

Propelld is an education-focused fintech platform used by students to get access to funding for completing education.

Bangalore,Karnataka,India
101 - 250
https://propelld.com/

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $35M
Industries: EdTech,Education,Financial Services,FinTech
Founded date: Jan 1, 2017
Number Of Employee: 101 - 250
Operating Status: Active

Propelld is a student education financing platform used to get access to funding for completing education. It addresses the problem of students not getting access to financing from traditional financial institutions due to low/non-existent credit or work history. Its platform connects students with willful investors and offers income-dependent education loans on verifying their liabilities, earning potentiality, and academic documents, helping students and freshers to find and finance educational opportunities with a return-on-investment.

Founded in 2017 by Bibhu Prasad Das, Victor Senapaty, and Brijesh Samantaray, the company is headquartered in Bangalore, Karnataka.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$37.45M

Propelld has raised a total of $37.45M in funding over 2 rounds. Their latest funding was raised on Feb 18, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Feb 18, 2022	Series B	$35M	3	Westbridge Capital	—	Detail
Jul 2, 2019	Series A	$2.20M	5	India Quotient Stellaris Venture Partners	—	Detail
Aug 8, 2018	Seed	$250K	3	Indian Angel Network	—	Detail
Apr 25, 2017	Seed	—	1	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

1

0

Propelld has made 1 investments. Their most recent investment was on Aug 9, 2022, when Fortress Blockchain Technologies raised $22.50M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Aug 9, 2022 Fortress Blockchain Technologies	Seed	$22.50M	Blockchain	—

Investors

Number of Lead Investors

Number of Investors

4

9

Propelld is funded by 9 investors. Westbridge Capital and India Quotient are the most recent investors.

Investor Name	Lead Investor	Funding Round
Westbridge Capital	Yes	Series B
India Quotient	—	Series B
Stellaris Venture Partners	—	Series B
Indian Angel Network	—	Series A
Raghunandan G	—	Series A
Ramakant Sharma	—	Series A
Alok Sharma	—	Seed
Satish Jajodia	—	Seed
Startupbootcamp FinTech Mumbai	—	Seed