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. See more

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