S6 Ep136: Freedom From Debt With Ritesh Srivastava of FREED

TRANSFIN. LongShorts with Nikhil Arora and Sharath Toopran

We spoke with Ritesh Srivastava, Founder & CEO of FREED, India’s 1st Comprehensive Debt Relief Platform.
FREED was founded with the goal to provide an affordable and comprehensive debt relief solution to India's retail borrowers.
Ritesh has been a serial entrepreneur for over 20 years and thanks to his background in Debt Relief in the US, he was naturally attracted to this segment in India. He understood the pain points of debtors in India and set out to solve the big problem. So far under his leadership, FREED has counselled over 45,000+ customers and enrolled over INR300 crores in debt and has constantly strived to make the entire debt relief journey as seamless and painless as possible.
Tune in to an incredibly captivating conversation as you discover how FREED skillfully navigated and pioneered an emerging and fragmented industry, potentially establishing a unique micro-monopoly in the process.
Hope you enjoy this TRANSFIN. Podcast with Nikhil Arora and Sharath Toopran, where we converse with entrepreneurs and business operators running successful startups, profitable SMEs and family promoted firms on one end, and top investment professionals representing VC/PE/credit funds on the other.
The objective is to bring out an "actionable" perspective converging the world of business and investing.
If you're a founder and if you'd like us to drill down your model, feel free to drop us a line at [email protected]