Freed raises $7.5 million in a funding round led by Sorin Investments to expand its debt relief platform and enhance technology.

Gurugram-based debt relief startup Freed has raised $7.5 million in a funding round led by Sanjay Nayar-backed Sorin Investments and early-stage venture fund Multiply Ventures, with participation from Piper Serica Fund and others. This is the second equity infusion into the company after Freed raised a $2.8 million pre-series A round in 2022. The funding will enable Freed to expand its reach, enhance its technology, and scale its operations.