Monday
February 21
2022

Startup Propelld Gets $35 Million in Funding

Propelld, an education-focused fintech platform, has raised $35 million from WestBridge Capital, as also from existing investors Stellaris Venture Partners and India Quotient, Founded by IIT Madras trio of Bibhu Prasad Das, Victor Senapaty and Brijesh Samantaray in 2017, Propelld has tied up with over 550 educational institutes and is currently clocking an annual loan disbursal run rate of Rs 600 crore.

Photo courtesy of Priscilla Du Preez.

Source: Times of India (link opens in a new window)

Categories
Education, Finance, Technology
Tags
education, entrepreneurs, funding, investing, startups