Education-focused fintech platform Propelld on Friday said it has raised $35 million in Series B funding round led by WestBridge Capital.
- Stocks Under F&O Ban: Hindustan Copper, RBL Bank, and Others
- Govt plans new route connecting Noida airport to NH-34
- India Ranks Third in Global Fintech Funding, Despite 33% Drop in 2024
- India’s Retail Inflation Drops to 5.22% in December, Food Inflation at 8.39%
- Donald Trump Inauguration: Xi Jinping Invited, S Jaishankar to Represent India
Currently employing around 150, Propelld plans to add another 100-150 employees over the next year across technology, business development and collections.
The startup was founded in 2017 by IIT Madras trio of Bibhu Prasad Das, Victor Senapaty and Brijesh Samantaray, propelld has tie-ups with over 550 educational institutes and is currently clocking an annual loan disbursal run rate of Rs 600 crore, it said in a statement.
