About Propelld
Propelld is an Education company based in Bengaluru (India) founded in 2017 by Bibhu Prasad Das, Brijesh Samantaray, and Victor Senapaty. Provider of flexible digital education loans with customized repayment options for students. It operates in the Education and Financial Services sectors. 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 584 employees. Propelld was last valued at $105.43 million in May 2025. Its chief executive, as recorded, is Bibhu Prasad Das. Its website propelld.com draws about 338 thousand monthly visits. Its Indian entity Bluebear Technology Private Limited reported revenue of ₹41.48 Cr. Its focus areas include EdTech, Higher Education Tech, Admissions Support for Students and Loans. Its competitors include Auxilo, Eduvanz and GyanDhan; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Bengaluru, India
- Employees 584
- Founders Bibhu Prasad Das, Brijesh Samantaray, Victor Senapaty
- Stage Minicorn
- SectorsEducationFinancial Services
- Website category Jobs and Career · Jobs and Employment
- Email••••••••
- Phone•••• ••••
- Website propelld.com
- Social LinkedIn X Facebook
- Legal Name Bluebear Technology Private Limited
- Date of Incorporation 29 Jan, 2016
- Jurisdiction Delhi, India
- Annual Revenue₹41.48 Cr
FY 2026 · +64% YoY
- Net Profit₹4.89 Cr
FY 2026 · 4% margin
- EBITDA₹40.68 Cr
FY 2026 · 34% margin
- Total Equity Funding$70.23M (USD)
in 9 rounds
- Latest Funding Round$30.73M (USD), Series C
May 2025
- InvestorsWestBridge Capital
& 56 more
- Employee Count584
Associated legal entities of Propelld
Propelld operates through Bluebear Technology Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bluebear Technology Private Limited CIN U74999DL2016PTC290342 | Active | 29 Jan 2016 | Delhi, Delhi | ₹41.5 Cr | 346 | 7 | View details |
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 $70.23M
- Total Rounds 9
- Last Round Series C — $30.73M
- Investors Count 57
All 9 funding rounds of Propelld with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2025 | $30.73M | Series C | $105.43M | WestBridge Capital | |
| Feb 2022 | $35M | Series B | $96.97M | WestBridge Capital | |
| Oct 2021 | $600,215 | Series A | $••••• | Waao Partners | |
| Nov 2020 | $1.35M | Series A | $••••• | Stellaris Venture Partners | |
| Apr 2019 | $2.17M | Series A | $••••• | Stellaris Venture Partners | |
| Jul 2018 | $291,253 | Seed | $••••• | Ambarish Raghuvanshi, Satish K jajodia | |
| Feb 2018 | $73,015 | Seed | $••••• | UIncept Accelerator | |
| Jun 2017 | Seed | – | UDGAM | – | |
| Mar 2017 | Angel Round | $••••• | Saransh Shringi | – |
| Date | Valuation | Stage |
|---|---|---|
| May 2025 | $105.43M | •••••••• |
| Feb 2022 | $96.97M | •••••••• |
| Oct 2021 | $••••• | •••••••• |
| Nov 2020 | $••••• | •••••••• |
| Apr 2019 | $••••• | •••••••• |
| Mar 2017 | $••••• | •••••••• |
Full valuation and stage history of Propelld
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
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Verified entity values are shown only after access is granted.
Last known valuation $105.43M (May 2025). 57 investors in total: 22 institutional and 35 angel.
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 |
|---|---|---|---|---|
Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology. | 2000 | westbridgecap.com | Quatre Bornes, Mauritius | |
Investment in Indian startups across technology and fintech sectors. | 2012 | indiaquotient.in | Mumbai, India | |
Venture capital firm investing in early-stage startups across fintech, software, and other sectors. | 2016 | stellarisvp.com | Bengaluru, India | |
Venture capital is provided to multiple sectors by MMPL Trust. | Bengaluru, India | |||
Early-stage investments are targeted by Konark Trust venture capital firm. | Bengaluru, India | |||
Investments in foodtech, healthcare, and consumer brand startups are made. | Ahmedabad, India | |||
Angel investor network investing in early-stage startups | iangroup.vc | Delhi, India | ||
Single family office of Suman Kant Munjal, Managing Director of Rockman Industries Ltd | survam.com | Delhi, India | ||
Venture capital investments and support for startups in sectors like AI and healthcare. | 2017 | ian-fund.com | Kolkata, India | |
Investment in startups and various companies by Nature Eco Ventures. | natureecoventures.com | Bengaluru, India |
Investor details for Propelld
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Bluebear Technology Private Limited (Propelld)
Bluebear Technology Private Limited is the primary company behind Propelld. The board of Bluebear Technology Private Limited currently have 7 directors; the longest-serving is Brijesh Samantaray, appointed in 2016. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Brijesh Samantaray DIN 06670044 | Director | 29 Jan 2016 | 10 yrs 9 mo | Bluebear Technology Private Limited |
| Bibhu Prasad Das DIN 07736508 | Director | 18 Jun 2018 | 8 yrs 4 mo | Bluebear Technology Private Limited |
| Ritesh Banglani DIN 02129763 | Nominee Director | 25 Apr 2019 | 7 yrs 6 mo | Bluebear Technology Private Limited |
| Deepak Ramineedi DIN 07631768 | Nominee Director | 14 Mar 2022 | 4 yrs 7 mo | Bluebear Technology Private Limited |
| Vishwanathan Mavila Nair DIN 02284165 | Director | 31 Jul 2023 | 3 yrs 3 mo | Bluebear Technology Private Limited |
| Shreyans Singh DIN 06557679 | Nominee Director | 13 May 2025 | 1 yr 5 mo | Bluebear Technology Private Limited |
| Victor Senapaty DIN 06954610 | Director | 13 May 2025 | 1 yr 5 mo | Bluebear Technology Private Limited |
People of Propelld
29 people are tracked at Propelld (11 in leadership, 18 in team); the tracked headcount is 584.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Johnson Janey | Head of Collections | Leadership |
Mohit Jain | Head Of Legal | Leadership |
Shruti Sinha | Head of Credit | Leadership |
Hariprasad Bairethaya | Vice President | Leadership |
Abhishek Jha | Head of Lending | Leadership |
Nikunj Agarwal | Head - Finance & Lending Alliances | Leadership |
Ca Shashank Nagar | Director Of Finance | Leadership |
Manoj Shetty | Chief Business Officer Higher Education | Leadership |
Piyush Shendre | Product@propelld | Team |
Skanda Kumar.k | Associate Manager | Team |
Мυтнυ Raman G | Regional Sales Manager | Team |
Raunak Gehlot | Senior Marketing Manager | Team |
Abhinav Kumar | Sales And Business Development | Team |
Anukriti Sharma | Analyst - Risk | Team |
Ajit Patel | Sr Collection Manager | Team |
Garima Badaliya | Senior Manager | Team |
Neha Singhal | Senior Content Writer | Team |
9 more people are available in the full profile.
Complete people profiles for Propelld
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Professional contacts
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Financials of Propelld
Figures of Bluebear Technology Private Limited, the primary company behind Propelld, for FY 2026. Revenue was ₹41.48 Cr (+64% year on year). Net profit was ₹4.89 Cr (4% margin). EBITDA was ₹40.68 Cr (34% margin). Revenue has grown at a compounded annual rate of +14% over three years and 0% over five years.
- ₹41.48 CrRevenue · FY 2026 · +64% YoY
- ₹4.89 CrNet profit · 4% margin
- ₹40.68 CrEBITDA · 34% margin
- ₹41.5 LakhPaid-up capital
- 346Employees (provident fund records)
- +14%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Bluebear Technology Private Limited are on its company page.
Detailed financial statements for Propelld
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of Propelld
4 dated milestones of Propelld across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Propelld is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series C, of $30.7M.
Competitors of Propelld
Propelld has 3 listed competitors in our database, 3 of them funded. They include Auxilo, Eduvanz and GyanDhan.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| auxilo.com | 2017 | Mumbai, India | $127.05M | 459 | Financial products for education loans and services are provided. | |
| eduvanz.com | 2016 | Mumbai, India | $40.28M | 137 | Financial assistance is provided for education, career, and skills development. | |
| gyandhan.com | 2015 | Delhi, India | $7.78M | 267 | Education loan marketplace and study abroad support are provided. |
Detailed competitors of Propelld
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Web traffic of Propelld
The website of Propelld (propelld.com) receives about 338.1K visits a month and ranks #92,768 among all websites worldwide, #1,235 in Jobs and Employment.
- Monthly visits338.1K
▼ 17.6% vs previous month
- Unique visitors130.1K
per month
- Global rank#92,768
among all websites
- Category rank#1,235
Jobs and Career · Jobs and Employment
- Bounce rate26%
- Pages per visit5.6
- Average visit4 min 12 sec
- DevicesDesktop 23% · Mobile 77%
Websites whose visitors overlap most with Propelld. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| naukri.com | 100% | 29M | #1,336 | View details | |
| scaler.com | 98% | 2.4M | #16,937 | View details | |
| wellfound.com | 90% | 4.4M | #12,474 | View details | |
| ambitionbox.com | 85% | 12M | #5,724 | View details | |
glassdoor.co.in | glassdoor.co.in | 85% | #5,294 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 20 similar websites and full traffic analytics for Propelld
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- 20 similar websites
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Verified entity values are shown only after access is granted.
Top companies in Education Technology Platforms
3 companies that operate in the same segment as Propelld (Education Technology Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online educational resources and test preparation for exams are provided. | 2016 | Noida, Uttar Pradesh, India | USD 275 M | USD 415.66 M | 15,046 | |
AI-powered robots are provided as companions for children. | 2015 | Mumbai, Maharashtra, India | USD 107.78 M | |||
Integrated edtech systems are provided for K-12 schools. | 2012 | Mumbai, Maharashtra, India | USD 172.33 M | USD 45.8 M | 1,140 |
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Related news about 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 CEO of Propelld, as recorded in our data. They have also founded this company.
Propelld is a funded company, having raised a total of $70.23M across 9 funding rounds to date.
Propelld has 584 employees.
The primary company behind Propelld, Bluebear Technology Private Limited, reported revenue of ₹41.48 Cr for FY 2026, up 64% year on year.
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.
Propelld operates through Bluebear Technology Private Limited.
The legal entities of Propelld currently have 7 directors, including Shreyans Singh, Ritesh Banglani, Brijesh Samantaray and others.