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Debt relief platform FREED taps leading e-commerce firms for top management
Update / Judgement Date
24 Sept 2024
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Author
Team — WCP Legal Desk
Reading Time
1 min read
Freed, India’s first debt relief platform, has appointed top executives from leading e-commerce firms to strengthen its management team. This strategic move aims to enhance Freed’s operational capabilities and expand its market reach. The platform, founded by Ritesh Srivastava, provides accessible and ethical debt relief solutions for individuals struggling to repay personal loans. Freed’s innovative approach includes negotiating with creditors on behalf of borrowers to achieve favorable settlements. The company has already raised significant funding from investors, including Sorin Investments, and has settled substantial amounts of retail debt. By leveraging the expertise of its new management team, Freed aims to scale its operations and offer more comprehensive debt relief services to a broader customer base.