Debt relief platform Freed raises $7.5 M led by Sorin Investments

Gurugram-headquartered debt relief platform Freed has raised INR 60 crore in a funding round led by Sorin Investments for business growth. Multiply Ventures, Piper Serica and other institutional funds also participated in the funding round.Freed claims to help debt-burdened consumers resolve their debt and regain their financial freedom. Founded in August 2020, Freed has enrolled over INR 1,200 crore in stressed retail debt on its platform across 25,000 plus customers across India.