About Propelld
Propelld is a company based in Bengaluru (India) founded in 2017 by Bibhu Prasad Das, Brijesh Samantaray, and Victor Senapaty. Propelld has raised $70.23 million across 9 funding rounds from investors including WestBridge Capital, Stellaris Venture Partners and Indian Angel Network Fund. The company has 346 employees as of April 07, 2024. Propelld operates in a competitive market with competitors including Auxilo, Eduvanz, GyanDhan, Kuhoo and Shiksha Finance, among others.
- Headquarter Bengaluru, India
- Employees 346 as on 07 Apr, 2024
- Founders Bibhu Prasad Das, Brijesh Samantaray, Victor Senapaty
- Stage Minicorn
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Sectors
EducationFinancial Services
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Email
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Phone
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Website
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Social
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- Legal Name Bluebear Technology Private Limited
- Date of Incorporation 29 Jan, 2016
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$4.02 M (USD)526.75as on Mar 31, 2022
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Net Profit
-$718.02 K (USD)-92.36as on Mar 31, 2022
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EBITDA
-$829.54 K (USD)-104.51as on Mar 31, 2022
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Total Equity Funding
$70.23 M (USD)
in 9 rounds
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Latest Funding Round
$30.73 M (USD), Series C
May 05, 2025
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Investors
WestBridge Capital
& 56 more
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Employee Count
346
as on Apr 07, 2024
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People of Propelld
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Funding Insights of Propelld
Propelld has successfully raised a total of $70.23M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $30.73 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Propelld
Propelld has secured backing from 57 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include WestBridge Capital, Stellaris Venture Partners and Indian Angel Network Fund.
| Investor | Description | Founded Year | Domain | Location |
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Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology.
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Investment in Indian startups across technology and fintech sectors.
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Venture capital firm investing in early-stage startups across fintech, software, and other sectors.
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Investor details for Propelld
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Investments & Acquisitions by Propelld
Investment portfolio details for Propelld
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Financial Statements - Propelld
Detailed financials for Propelld
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Propelld Comparisons
Peer comparison for Propelld
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Competitors of Propelld
Propelld operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Auxilo, Eduvanz, GyanDhan, Kuhoo and Shiksha Finance, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Financial products for education loans and services are provided.
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Financial assistance is provided for education, career, and skills development.
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Education loan marketplace and study abroad support are provided.
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Financial products are offered to fund student educational expenses.
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Provider of loan products for MSMEs and individuals
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Detailed competitors of Propelld
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Latest news on Propelld
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Frequently Asked Questions about Propelld
Propelld was founded in 2017.
Propelld is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Bibhu Prasad Das is the current CEO of Propelld. They have also founded this company.
Propelld is a funded company, having raised a total of $70.23M across 9 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Propelld is 346.
Annual revenue of Propelld is $4.02M as on Mar 31, 2022.
Propelld was founded in 2017 in Bengaluru, India, as a provider of education financing. Digital loans for students are facilitated through an online application process that enables instant approvals. Partnerships with thousands of educational institutes are maintained to broaden access to courses. Applicants are assessed based on academic potential and future employability rather than financial history alone. Customized repayment options are available to support diverse student needs.
Propelld has 57 investors. Key investors include WestBridge Capital, Stellaris Venture Partners, Indian Angel Network Fund, India Quotient, and Konark group.
The valuation of Propelld is $105.43M as of May 2025.