Propelld - About the company
Propelld is a series D company based in Bengaluru (India), founded in 2017 by Brijesh Samantaray, Victor Senapaty and Bibhu Prasad Das. It operates as a Provider of private student loans and education financing solutions. Propelld has raised $70.2M in funding from investors like WestBridge Capital, Stellaris Venture Partners and UDGAM, with a current valuation of $*****. The company has 58 active competitors, including 12 funded and 4 that have exited. Its top competitors include companies like Auxilo, Avanse Financial Services and Varthana.
Company Details
Provider of private student loans and education financing solutions. It is an an India-focused education-financing platform that offers collateral-free student loans with a fully digital application process and flexible repayment options. It evaluates applicants on academic potential and future employability, not just financial background.
- Website
- propelld.com
- Social
- Email ID
- *****@propelld.com, *****@propelld.com
- Phone Number
- +91 **********
- Registered Address
- 105, FIRST FLOOR, ADITYA ARCADE PREET VIHAR, East Delhi, DELHI, Delhi, India, 110092
Key Metrics
Founded Year
2017
Location
Bengaluru, India
Stage
Series D
Total Funding
$70.2M in 9 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 17, 2025
Investors
Ranked
6th among 58 active competitors
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
132 as on Aug 31, 2025
Legal entities associated with Propelld
Propelld is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BLUEBEAR TECHNOLOGY PRIVATE LIMITED CIN: U74999DL2016PTC290342 , India, Active | Jan 29, 2016 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 122 (As on Mar 01, 2026) |
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Propelld's funding and investors
Propelld has raised a total funding of $70.2M over 9 rounds. Its first funding round was on Mar 29, 2017. Its latest funding round was a Series D round on May 05, 2025 for $*****. 4 investors participated in its latest round. Propelld has 25 institutional investors and 34 angel investors.
Here is the list of recent funding rounds of Propelld:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 05, 2025 | 5493984 | Series D | 4711048 | 4592964 | 1760322 | 7657129 |
Feb 18, 2022 | 6688261 | Series B | 5422973 | 8761710 | 5942085 | |
Oct 30, 2021 | 7664479 | Series A | 6282219 | 7645019 |
Access funding benchmarks and valuations. Sign up today!View details of Propelld's funding rounds and investors
Propelld's founders and board of directors
Founder? Claim ProfileThe founders of Propelld are Brijesh Samantaray, Victor Senapaty and Bibhu Prasad Das. Victor Senapaty is the CEO of Propelld.
Here are the details of Propelld's key team members:
- Brijesh Samantaray: Co-Founder & CBO of Propelld and founder of 1 other company. They are also an angel investor in 4 startups and serve on the board of 1 company.Contact Info: 1 email address and 2 phone numbers
- Victor Senapaty: Co-Founder & CEO of Propelld. They are also an angel investor in 4 startups and serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Bibhu Prasad Das: Co-Founder & COO of Propelld. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
Propelld's Board of Directors
Propelld's board has 7 active members. Ritesh Banglani, Brijesh Samantaray, Victor Senapaty, Bibhu Prasad Das, Deepak Ramineedi and Shreyans Singh are part of team and Vishwanathan Mavila Nair is independent board member.Here is the list of Propelld's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 10y 7m | |
Team | - | Current | 8y 2m | |
le{ucap | Team | - | Past | 9y 8m |
Investor | Stellaris Venture Partners | Current | 7y 4m | |
Investor | - | Current | 4y 6m | |
ndhytza | Investor | srpeuni | Current | 9y 8m |
Independent board member | - | Current | 2y 11m |
View details of Propelld's Founder profiles and Board Members
Propelld's employee count trend
Propelld has 132 employees as of Aug 25. The total employee count is 47.0% lower than what it was in Aug 24. Here is Propelld's employee count trend over the years:
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Propelld's Competitors and alternates
Top competitors of Propelld include Auxilo, Avanse Financial Services and Varthana. Here is the list of Top 10 competitors of Propelld, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of financial products focused on education loans and related services | $127M | 71/100 | ||
2nd |  Avanse Financial Services 1992, Mumbai (India), Acquired | Provider of financial services for education including loans and refinancing | $300M | 69/100 | |
3rd | Provider of school and student loan solutions | $89.5M | 65/100 | ||
4th | Provider of financial resources for students pursuing higher education programs | - | 61/100 | ||
5th | Provider of education loan marketplace and study abroad admission support | $7.78M | 60/100 | ||
6th | Provider of private student loans and education financing solutions | $70.2M | 58/100 | ||
7th | Provider of alumni network platform with banking, rewards, and connection features | $35.1M | 57/100 | ||
8th | Provider of financial assistance for education, career, and skills development | $40.3M | 54/100 | ||
9th |  Flyhi Finance 2021, Delhi (India), Seed | Provider of an online platform offering diversified education loans for students | $814K | 53/100 | |
10th | Online marketplace for education loans | $27.8M | 51/100 |
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Propelld's Latest cap tables and shareholding
Founders own 16.47%, Funds (largest shareholder) own 74.86%, Enterprises own 0.26% and Angels own 1.67%. The net worth of Propelld's founders is INR 142Cr as of Jun 17, 2025.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 16.47% | 142Cr | 6999876 | 7339720 | 3118800 | 9322025 |
54162 | 45738 | 60992 | 62882 | 82094 | 23061 | |
58912 | 30425 | 88774 | 91494 | 10007 | 88386 | |
10582 | 15595 | 16569 | 52336 | 99881 | 11485 | |
Fund | 74.86% | 644Cr | 2785611 | 5550303 | 4494194 | 2742665 |
7802659 | 2859573 | 7222770 | 2238381 | 2581664 | 1216094 | |
5967936 | 4518007 | 7357818 | 6633034 | 9016425 | 3698709 | |
596383 | 187917 | 474464 | 837944 | 809170 | 283913 | |
Enterprise | 0.26% | 2.24Cr | 0 | 0 | 0 | 0 |
Angel | 1.67% | 14.3Cr | 1 | 7 | 1 | 4 |
ESOP Pool | 6.74% | 58Cr | 323465 | 930997 | 878350 | 762795 |
Total | 100.00% | 860Cr | 6696219 | 6052050 | 3641774 | 9599813 |
To unlock detailed Cap Table of Propelld Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Propelld's Shareholding
Propelld's Investments and acquisitions
Propelld has made no investments or acquisitions yet.
Reports related to Propelld
Here is the latest report on Propelld's sector:
News related to Propelld
Filter this listMedia has covered Propelld for 1 event in last 1 year, It was about company updates.
•
WestBridge-backed Propelld Set To Turn Profitable in FY26; Plans Capital RaiseVCCircle•Jan 13, 2026•Propelld
•
Propelld Partners with Chandigarh University to Offer Study Loans to Indian StudentsMedia Bulletins•Nov 15, 2024•Propelld
•
Propelld Signs MoU with Chandigarh University to Provide Study Loans to Indian StudentsBusinessnewsthisweek•Nov 15, 2024•Propelld
•
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Valyx bags $800K in pre-seed roundEntrackr•Sep 04, 2024•Valyx, Huddle Ventures, Waveform Venture, Bharat Founders Fund and 1 other
•
Propelld Collaborates With Universities to Provide Collateral-Free Education LoansEdTechReview•Jun 25, 2024•Propelld
•
FinTech Funding May 2024: Total $186 mln raised by Indian FinTechsIndiatimes•Jun 06, 2024•Annapurna Finance, Piramal Group, Propelld, Kinara Capital
•
NBFC-backed Digital Lending Platform Propelld Secures Over $25 Million Through Debt RaisingBusinessnewsthisweek•May 28, 2024•Propelld, Edgro, Credit Saison, AU Small Finance Bank and 3 others
•
NBFC-backed Propelld secures over $25 million through debt raisingUnited News of India•May 17, 2024•Propelld, Credit Saison, AU Small Finance Bank, InCred and 1 other
•
Propelld’s NBFC Edgro Secures $25 Mn Debt FundingViestories•May 17, 2024•Propelld, Edgro, Northern Arc Capital, InCred and 5 others
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