The round also saw participation from existing investors Sorin Investments, Piper Serica and Sattva Ventures.
February 27, 2026: Aavishkaar Capital, the investment arm of Aavishkaar Group, has led the INR 60 Crore (USD 6.6 Mn) investment in FREED, India’s first technology-driven debt relief platform, with participation from existing investors, Sanjay Nayar led Sorin Investments, Piper Serica and Sattva Ventures.
Debt relief is a mature $50 billion industry across the US and advanced western markets. As unsecured retail lending scales rapidly and household leverage rises in India, FREED is building this category at a defining inflection point. With consumer…