Manoj Shetty has been appointed Chief Business Officer at Propelld, a leading fintech company specializing in education lending in India. With an impressive career spanning over 25 years in the financial services sector, Manoj Shetty is set to enhance Propelld’s initiatives in the burgeoning study abroad market. This sector has experienced significant growth, especially among the Indian middle class in Tier 2 and Tier 3 cities, and Shetty’s wealth of experience positions him as a key driver in this strategic focus.
Propelld, which was founded by Bibhu Prasad Das, Victor Senapaty, and Brijesh Samantaray, has already established itself as a pioneer in the education loan sector. The company has made notable strides by introducing innovative financial solutions such as the Study Now and Pay Later scheme and Income Sharing Agreements. These offerings have not only set Propelld apart from traditional education financing methods but also have significantly contributed to the accessibility of education loans without the need for collateral.
Under Manoj Shetty’s leadership, Propelld aims to capitalize on its first-mover advantage in the market. His extensive expertise in financial services and the study abroad sector is expected to streamline the company’s growth strategies, ensuring they meet their fiscal targets while expanding their reach. Propelld has also built a robust network of over 2,000 partners, positioning the firm for continued organic growth and positive outcomes based on student experiences.
As the education lending landscape evolves, Propelld is keen to explore new avenues for expansion, reinforcing its commitment to providing valuable financial solutions to students and parents alike. With Manoj Shetty in charge of business operations, the company is poised to navigate the complexities of the sector and enhance its service offerings, ultimately contributing to the development of education financing in India.
