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Announced

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WestBridge Capital led a $35m Series B round in Propelld.

Synopsis

WestBridge Capital, an experienced investment firm focusing primarily on investments in India, led a $35m Series B round in Propelld, a student education financing platform, with participation Stellaris Venture Partners and India Quotient. Propelld says it plans to grow its loan book rapidly in a segment with low credit penetration and offer new products for various verticals within education.

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