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FREED logo — India's 1st Debt Relief Platform

FREED

India's 1st Debt Relief Platform

Founded 2020 India Gurgaon, India 231 employees Series A Total: $810.00M Financial Services, Fintech

General Information

Company Name FREED
Founded Year 2020
Location India Gurgaon, India
Employees 231
Industries Financial Services, Fintech
Funding Stage Series A
Business Model B2C, Platform, On Demand
Revenue Model Service Fee, Performance Based, Consulting Fee
Social

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About FREED

FREED, the pioneering debt relief platform in India, stands as the nation's first dedicated solution to combat personal debt burdens. Founded in 2020, based in India, and operating within the Financial Services and Fintech industries, the company has quickly emerged as a vital player in the financial wellbeing sector.

Driven by its mission to empower individuals to regain financial stability, FREED offers customized debt relief strategies tailor-made for their users. With the slogan "India's 1st Debt Relief Platform," the company emphasizes its commitment to transforming financial liabilities into assets for debt-burdened consumers.

In its latest funding event on 13 March 2024, FREED secured a substantial INR600.00M Series A investment. Notable investors, including Sorin Investments, Multiply Ventures, and Piper Serica Angel Fund, have expressed confidence in its innovative approach and market potential. This strategic investment underlines a promising path for scaling operations and intensifying its impact in the sector.

Business keywords: Debt Relief, Financial Freedom, Debt Settlement, Credit Worthiness, Financial Obligations, Technology-driven Solutions, Intent-driven Support, Debt Challenges, Financial Empowerment, Personal Finance Solutions, Debt Management, Debt Reduction Strategies

Services & Products

Debt Settlement
EMI Reduction
Credit Score Consultation
Loan Consolidation

Target Customers

Individuals with Debts Credit Card Holders Personal Loan Borrowers People facing financial hardship

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series A INR600.00M 3
Sorin Investments Multiply Ventures Piper Serica Angel Fund
Sorin Investments, Multiply Ventures +1
13 Mar 2024
Seed Round INR210.00M 6
Chandigarh Angels Network Hyderabad Angels Inflection Point Ventures
Chandigarh Angels Network, Hyderabad Angels +4
05 May 2022

Latest News

View All
Ex-Facebook engineer is tackling clinician burnout at Freed after seeing wife's challenges — Cnbc
Ex-Facebook engineer is tackling clinician burnout at Freed after seeing wife's challenges
Cnbc Mar 05, 2025

FREED Alternatives & Competitors

View All Alternatives
FREED vs
PDS Debt
PDS Debt United States

America's Debt Solution

22 employees
Finance, Financial Services
Compare FREED vs PDS Debt
FREED vs
Beyond Finance
Beyond Finance United States

The Smart Way To Move Beyond Debt

1630 employees
Blockchain, Crypto
Compare FREED vs Beyond Finance
FREED vs
Avant
Avant United States

Moving financial lives forward.

946 employees
Finance, Financial Services
Also compare with: FREED vs Ophelos Ophelos View all alternatives

FAQ About FREED

India's 1st Debt Relief Platform
FREED was founded in 2020.
FREED is headquartered in Gurgaon, India.
FREED operates in Financial Services and Fintech. Its work centres on Debt Relief, Financial Freedom, Debt Settlement and Credit Worthiness. Its customers include Individuals with Debts, Credit Card Holders and Personal Loan Borrowers.
FREED has a B2C, Platform and On Demand business model. Its revenue comes from Service Fee, Performance Based and Consulting Fee.
FREED has approximately 231 employees.
FREED has completed 2 funding rounds, raising a total of $810.00M. The latest funding stage is Series A.
FREED offers: Debt Settlement, EMI Reduction, Credit Score Consultation, Loan Consolidation.
Top alternatives and competitors to FREED include PDS Debt, Beyond Finance, Avant, Achieve, Go Bravo | Resuelve tu deuda. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
FREED and PDS Debt are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for FREED, https://bouncewatch.com/company/freed, updated 8 April 2026. When citing, please name BounceWatch and link this page.

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