Debt relief platform FREED has raised Rs 60 crore (around $6.5 million) led by Aavishkaar Capital. The round also saw participation from existing investors Sorin Investments, Piper Serica and Sattva Ventures.
The new round comes after a gap of two years since its Series A funding of Rs 60 crore led by Sorin Investments and Multiply Venture and others. In May 2022, FREED raised $2.8 million in a pre-Series A round led by Inflection Point Ventures.
The fresh capital will be used to scale operations, expand into new geographies, strengthen underwriting…

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