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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/
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
| 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
|
— | Detail |
| Aug 8, 2018 | Seed | $250K | 3 |
Indian Angel Network
|
— | Detail |
| Apr 25, 2017 | Seed | — | 1 | — | — | Detail |
Investments
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Aug 9, 2022
Fortress Blockchain Technologies
|
Seed | $22.50M | Blockchain | — |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Westbridge Capital
|
Yes | Series B |
|
India Quotient
|
— | Series B |
|
|
— | 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 |
