Education-focused fintech platform Propelld on Friday said it has raised $35 million in Series B funding round led by WestBridge Capital.

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Currently employing around 150, Propelld plans to add another 100-150 employees over the next year across technology, business development and collections.

The startup was founded in 2017 by IIT Madras trio of Bibhu Prasad Das, Victor Senapaty and Brijesh Samantaray, propelld  has tie-ups with over 550 educational institutes and is currently clocking an annual loan disbursal run rate of Rs 600 crore, it said in a statement.