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 +1
Employees 231
Industries Financial Services, Fintech
Funding Stage Series A
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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.

Taxonomy: 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 •••••• 3
Investor Investor Investor
13 Mar 2024
Seed Round •••••• 6
Investor Investor Investor Investor Investor Investor
05 May 2022

FREED Alternatives & Competitors

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FAQ About FREED

India's 1st Debt Relief Platform
FREED was founded in 2020.
FREED is headquartered in Gurgaon, India.
FREED operates in the following industries: Financial Services, Fintech.
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 Great Canadian Debt Relief Inc, UK Debt Service, Slate Capital Management, Paidback, Sands & Associates. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
FREED and Great Canadian Debt Relief Inc 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.

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