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Informative

Exclusive: Propelld to raise $30 Mn from WestBridge and Stellaris

Update / Judgement Date

08 May 2025

Source

Entrackr

Author

Team — WCP Legal Desk

Reading Time

1 min read

Corporate Law & GovernanceFinancial ManagementStart-Up & DPIIT

Propelld will use the funds to expand beyond higher education into school and vocational training financing. The platform has disbursed Rs 1,200 crore in loans with less than 2% NPAs. The funding includes $10 million secondary component providing partial exits to early investors. This comes amid growing investor interest in education finance following RBI's digital lending guidelines.