
Propelld
Propelld is a fintech company that provides instant, collateral-free student loans to help learners in India access quality education.
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Propelld is a fintech company focused on providing accessible and affordable education financing solutions in India. They offer instant, collateral-free loans for students pursuing various educational programs, from school to postgraduate studies and upskilling courses. Their mission is to remove financial barriers to education, empowering individuals to pursue their dreams without worrying about large upfront fees. They have partnered with over 4000 educational institutions and have disbursed over ₹1,484 crores in loans, helping over 1 lakh students achieve their educational goals.
Propelld distinguishes itself through a user-friendly, 100% digital platform that offers fast loan approval within 48 hours. They go beyond traditional credit parameters, considering a student's potential and future earning capacity. Their customized loan products include "Study Now Pay Later" options with flexible EMI plans, moratorium periods, and step-up EMI loans, catering to diverse financial needs. Propelld is dedicated to creating a more inclusive and accessible educational landscape for all Indians.
Flexibility
Propelld offers employees flexible working hours to help them strike a healthy work-life balance. The company also provides mental health programs for holistic well-being and comprehensive health insurance to support employees and their families during emergencies.
Benefits
Propelld offers a range of employee benefits focused on work-life balance and employee well-being. These include flexible working hours to help employees manage their personal commitments, mental health programs to support their overall health, and health insurance to provide financial security in emergencies. Propelld also provides performance-based bonuses and employee stock ownership plans (ESOPs) as well as high-performing gadgets and upskilling courses to encourage professional development and growth.
Mission
Propelld is on a mission to democratize access to education in India by removing financial barriers through private student loans. Their innovative financing solutions go beyond traditional credit scores, focusing on a student's potential and future earnings to make education accessible to everyone. Propelld offers various loan products like Study Now Pay Later and Income Share Agreements, tailored to meet the specific needs of students and educational institutions. Their 100% digital process ensures quick approvals and hassle-free disbursal, allowing students to focus on their education without financial worry.
Culture
Propelld fosters a work culture that emphasizes accountability, speed, and data-driven decision making. They encourage employees to take ownership of their tasks, embrace a rapid pace of work, and rely on data to guide their decisions. The company prioritizes a collaborative and entrepreneurial environment, recognizing the potential of their team to build something great from scratch. Propelld also prioritizes its employees' well-being with benefits such as flexible working hours, mental health programs, and comprehensive health insurance.
DE&I
Propelld's approach to diversity, equity, and inclusion focuses on creating a welcoming and inclusive environment for all. They believe in fostering a culture of respect and understanding, recognizing that a diverse workforce leads to innovative solutions and better outcomes. They actively promote equal opportunities and fair treatment for all employees, regardless of their background, and strive to create a workplace where everyone feels valued and supported.
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