FREED

India's 1st Debt Relief Platform

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General Information
Company Name
FREED
Founded Year
2020
Location (Offices)
Gurgaon, India +1
Founders / Decision Makers
Ritesh Srivastava - Founder & CEO Alok Sharma - Co-Founder & CTO
Number of Employees
148
Industries
Financial Services, Fintech
Funding Stage
Series A
Social Media

FREED - Company Profile

FREED is India's 1st Debt Relief Platform, founded in 2020 and headquartered in India. The company's mission is to help people burdened with debt by offering tailor-made debt relief solutions to customers in debt, aiming to help them become debt-free and regain financial freedom. In its latest funding round on 13 March 2024, FREED raised INR600.00M in a Series A investment, with participation from Sorin Investments, Multiply Ventures, and Piper Serica Angel Fund. Operating in the Financial Services industry, FREED aims to empower individuals to overcome their debt and regain their creditworthiness, positioning itself as a significant player in the debt relief space in India.

Taxonomy: debt relief, financial freedom, creditworthy, financial empowerment, debt management, debt solutions

Funding Rounds & Investors of FREED (2)

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Funding Stage Amount No. Investors Investors Date
Series A INR600.00M 3
Sorin Investments, investor in FREED's Series A round Multiply Ventures, investor in FREED's Series A round Piper Serica Angel Fund, investor in FREED's Series A round
13 Mar 2024
Seed Round INR210.00M 6
Chandigarh Angels Network, investor in FREED's Seed Round round Hyderabad Angels, investor in FREED's Seed Round round Inflection Point Ventures, investor in FREED's Seed Round round The Chennai Angels, investor in FREED's Seed Round round Lead Angels, investor in FREED's Seed Round round Multiply Ventures, investor in FREED's Seed Round round
05 May 2022

Latest News of FREED

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Ex-Facebook engineer is tackling clinician burnout at Freed after seeing wife's challenges

Ex-Facebook engineer is tackling clinician burnout at Freed after seeing wife's challenges

Cnbc Mar 05, 2025

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