Freed funding, investors and company details

Freed is an emerging Financial Services - Fintech startup from Gurugram, working in the space of Comprehensive debt relief platform. Founded by Ritesh Srivastava.

Company: Freed India Private Limited
Sector: Financial Services - Fintech
Location: Gurugram
Founders: Ritesh Srivastava

Company overview

FREED operates as India's first comprehensive debt relief platform helping financially distressed consumers settle unsecured loans through negotiation with creditors. It offers Debt Resolution Programme for debt reduction and Debt Consolidation Programme combining multiple debts into single EMIs, plus creditor harassment protection and credit rebuilding support. The platform has enrolled over ₹1,200 Cr in stressed retail debt from 25,000+ customers via technology-driven solutions instilling financial discipline.

Funding rounds

Latest round (Debt): $ 6.60 Mn (₹59.91 Cr.), 2026-02-26. Investors: Aavishkaar Capital, Sorin Investments, Piper Serica, Sattva Ventures
Past round (Series A): $ 7.50 Mn (₹62.51 Cr.), 2024-03-14. Investors: Multiply Ventures, Piper Serica
Past round (Pre Series A): $ 2.80 Mn (₹21.72 Cr.), 2022-05-05. Investors: Inflection Point Ventures (IPV)