Tech Company Financing Transactions
Freed Funding Round
Freed closed a $6.5 million funding round on 2/26/2026. Investors included Aavishkaar Capital, Piper Serica Angel Fund and Sorin Investments.
Transaction Overview
Company Name
Announced On
2/26/2026
Transaction Type
Venture Equity
Amount
$6,500,000
Round
Undisclosed
Investors
Aavishkaar Capital (Lead Investor) (Shashvat Rai)
Sorin Investments (Subeer Monga)
Proceeds Purpose
The fresh capital will be deployed to scale operations, expand geographic reach, strengthen product and underwriting capabilities, and deepen institutional partnerships.
Company Information
Company Status
Private & Independent
Industry
Consulting
Mailing Address
Level 5, BPTP Park Centra, Sector-30
Gurugram Haryana, Undisclosed
India
Gurugram Haryana, Undisclosed
India
Phone
Website
Email Address
Overview
The founding team of FREED has over 50 years of combined experience in the US Debt Relief Industry with over $2 billion in consumer debt enrolled and serviced. FREED founder and CEO, Ritesh Srivastava was always looking for a way to leverage this rich experience to help the debt-burdened consumers in India regain their financial freedom and become debt free.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ritesh Srivastava
Chief Operating Officer
Kapil Joshi
Chief Technical Officer
Alok Sharma
VP - Bus. Development
Rajiv Indimath
VP - Bus. Development
Jitin Madan
VP - General Counsel
Karishma Arora
VP - Human Resources
Nilesh Sinha
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Where The Data Comes From
Our team works diligently to report on funding rounds that are announced publicly. VC transactions reported here are sourced from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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