MUMBAI: Impact investor Aavishkaar Capital has led a Rs 60 crore investment in FREED, with participation from existing investors Sorin Investments, Piper Serica and Sattva Ventures, as unsecured retail lending and household leverage rise in India.Debt relief is a $50.0 billion industry across the US and other advanced markets. The latest funding comes at a time when consumer credit penetration is deepening in India and structured, compliant debt resolution is emerging as a necessary layer of financial infrastructure.Founded in 2020, the company positions itself as India’s first comprehensive debt relief platform. It was set up to help consumers settle unsecured…
Insolvency Guardian
Insolvency Services & Bankruptcy Advice
