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BLUEBEAR TECHNOLOGY PRIVATE LIMITED

Propelld

U74999DL2016PTC290342

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Jan 3, 2025
Key Metrics
  • No. of Employees248
  • Founded Year 2016
  • Company StagePrivate Limited Company
  • Total Funding₹498.86 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Propelld
Propelld is a series-B funded fintech company that enables flexible financing solutions through fully digital journeys for learners pursuing education programs at vetted partner institutions. Having vertical expertise in the education segment, Propelld provides tailored financing solutions for various educational programs and goes beyond traditional credit parameters to focus on students' learning capabilities and employment potential to assess their eligibility for a loan, all backed by an agile tech infrastructure. They have been driven by the mission of truly democratizing access to education by revolutionizing the face of financing for the entire educational ecosystem.
Business Model

Propelld enables financing solutions for learners pursuing education programmes at vetted partner institutions. It claims to be a partner with over 550 educational institutes. The startup claims to be currently clocking an annual loan disbursal run rate of Rs 600 crore.

Top Competitors
LF
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EduvanzU65999MH2016PTC285244
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AvanseU67120MH1992PLC068060
AU
AuxiloU65990MH2016PTC286516
Propelld Funding Details
Funding Highlights
Latest Funding RoundDebt Financing
Total Funding Raised₹498.86 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors3
Investors
  • WestBridge, Stellaris Venture Partners, Indian Quotient
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Propelld Financial Details
Financial Highlights
FY 2023-24 Revenue₹94.83 Cr
FY 2023-24 Expenses₹137.86 Cr
FY 2023-24 Profit/Loss-₹43.14 Cr
Net Cash Flow From Operations-₹197.66 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Propelld Key People
People Metrics
Current Core Team3
Board Members/Directors4

Core Team

BP
Bibhu Prasad DasCo-Founder & CEO
BS
Brijesh SamantarayCo-Founder
VS
Victor SenapatyCo-Founder

Board Members/Directors

BP
Bibhu Prasad DasDirector
BS
Brijesh SamantarayDirector
DR
Deepak RamineediNominee Director
RB
Ritesh BanglaniNominee Director
Propelld Documents

AY - 2018-19

Profit and Loss statement - Propelld - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Propelld for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - Propelld - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Propelld for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - Propelld - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Propelld for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Propelld - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Propelld for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Propelld - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Propelld for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Propelld - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Propelld for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Propelld - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Propelld for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Propelld - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Propelld for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - Propelld - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Propelld for FY 2022-23
₹249.00 ₹498.00
Balance sheet - Propelld - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Propelld for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Propelld - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Propelld for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Propelld - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Propelld for FY 2023-24
₹249.00 ₹498.00

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