Propelld, a pioneering fintech in the education loan sector, has appointed Manoj Shetty as its Chief Business Officer (CBO). Shetty will play a pivotal role in advancing Propelld’s business goals, particularly in the rapidly evolving study abroad market, where demand from India’s Tier 2 and Tier 3 cities has grown significantly.
With over 25 years of experience in the financial services industry, Shetty brings a wealth of expertise expected to drive Propelld’s strategic initiatives forward. The study abroad segment has seen remarkable traction, especially among India’s emerging middle class, and Shetty’s leadership is anticipated to help Propelld cater to this dynamic demand.
Since its founding in 2019 by Bibhu Prasad Das, Victor Senapaty, and Brijesh Samantaray, Propelld has carved a unique position in the education financing sector. The company introduced innovative loan products like “Study Now, Pay Later” and Income Sharing Agreements, which have redefined the options available to students. By moving beyond traditional credit assessments to offer collateral-free education financing, Propelld has maintained a first-mover advantage and strengthened its 2,000+ partner network. As a Series B-funded company, Propelld continues to grow organically, building on positive testimonials and focusing on expanding its footprint in the education financing market.
