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Propelld aims to democratize access to education by providing flexible education financing products.
Basic Information
Bengaluru-based Propelld is revolutionizing the way students pursue opt financing for their education and shape their careers. Propelld addresses the problem of students not getting access to finance from traditional financial institutions due to low/non-existent credit or work history. Propelld looks at a students' academic performance, the Institute’s past performance, and the outcome of the course, and the student's future potential rather than the historical credit/work history or income levels. They believe that if a student is talented and motivated enough, he should be allowed the financial independence to pursue his dreams. They work with vetted partner Institutes offering courses that improve the ROI of an individual. Founded by ex-bankers and consultants, Propelld has salient Features of their system: Finance up to 100% of your Course Fee, avail Moratorium/stepped EMI option on Principal, Study Now Pay Later, end-to-end digital process, reliable and prompt Support team.
Legal Name
:
Bluebear Technologies Private Limited
Headquarters
:
Bangalore, Karnataka, India
Business Model
:
B2B2C  
Founding Date
:
2016
No. of Employees
:
151 to 250
Core Team
:
1.  
Bibhu Prasad Das
Co-Founder
2.  
Victor Senapaty
Co-Founder
3.  
Brijesh Samantaray
Co-Founder
Funding

Total Funding

$2.5M

Investors
:
1.  
Stellaris Venture Partners
2.  
Indian Angel Network
3.  
India Quotient
Detail Round Breakdown
Round 1

$35M

Series Name
:
SERIES-B
Date
:
18th Feb 2022
Investors
:
1.  
WestBridge Capital
2.  
Stellaris Venture Partners
3.  
India Quotient
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