Propelld funding, investors and company details

Propelld is an emerging Financial Services - Fintech startup from New Delhi, working in the space of Education financing platform. Founded by Victor Senapaty, Brijesh Samantaray, Bibhu Prasad Das.

Company: Bluebear Technology Private Limited
Sector: Financial Services - Fintech
Location: New Delhi
Founders: Victor Senapaty, Brijesh Samantaray, Bibhu Prasad Das
Total funding raised: ₹472.77 Cr

Company overview

Bluebear Technology Private Limited is a Delhi-based private limited company incorporated on January 29, 2016, operating primarily in financial services and fintech, particularly as Propelld—an education financing platform.Bluebear/Propelld provides fully digital education loans and flexible financing solutions for students pursuing higher education programs at partner institutions across India. It assesses eligibility based on learning capabilities and employment potential (beyond traditional credit scores), backed by Series B funding and agile tech infrastructure. Propelld aims to revolutionize education financing by offering tailored, accessible loans through digital journeys—enabling learners to pursue quality programs without financial barriers while supporting institutions and focusing on employability outcomes via data-centric lending.

Funding rounds

Latest round: $ 25.00 Mn (₹208.55 Cr.), 2024-05-17
Past round (Series B): $ 35.00 Mn (₹264.22 Cr.), 2022-02-18. Investors: WestBridge Capital, Stellaris Venture Partners, India Quotient