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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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.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series C — $30.7M
- First Round First Round
- Investors Count 57
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Series C - Propelld | Valuation | WestBridge Capital | |
| Feb, 2022 | Amount | Series B - Propelld | Valuation | WestBridge Capital | |
| Oct, 2021 | Amount | Series A - Propelld | Valuation | Waao Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| 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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Founded Year | Domain | Location | |
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Investment in Indian startups across technology and fintech sectors.
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage startups across fintech, software, and other sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Propelld
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Propelld
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Propelld Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Financial products for education loans and services are provided.
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| domain | founded_year | HQ Location |
Financial assistance is provided for education, career, and skills development.
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| domain | founded_year | HQ Location |
Education loan marketplace and study abroad support are provided.
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| domain | founded_year | HQ Location |
Financial products are offered to fund student educational expenses.
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| domain | founded_year | HQ Location |
Provider of loan products for MSMEs and individuals
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Propelld
Frequently Asked Questions about Propelld
When was Propelld founded?
Propelld was founded in 2017.
Where is Propelld located?
Propelld is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Propelld?
Bibhu Prasad Das is the current CEO of Propelld. They have also founded this company.
Is Propelld a funded company?
Propelld is a funded company, having raised a total of $70.23M across 9 funding rounds to date. The company's 1st funding round was a Series A of $600.22K, raised on Mar 29, 2017.
How many employees does Propelld have?
As of Apr 07, 2024, the latest employee count at Propelld is 346.
What is the annual revenue of Propelld?
Annual revenue of Propelld is $4.02M as on Mar 31, 2022.
What does Propelld do?
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.
Who are the top competitors of Propelld?
Who are Propelld's investors?
Propelld has 57 investors. Key investors include WestBridge Capital, Stellaris Venture Partners, Indian Angel Network Fund, India Quotient, and Konark group.
What is Propelld's valuation?
The valuation of Propelld is $105.43M as of May 2025.
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