Freed India Private Limited

Freed India Private Limited - financial services in Noida, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U67100UP2020PTC218431 Incorporated 27 May 2020 ROC Kanpur HQ Noida, Uttar Pradesh, India
Active Private Limited Company financial services DPIIT Startup MSME · Small
Data last updated
Revenue · FY 2026
₹25.06 Cr
▲ 369% YoY
Net loss · FY 2026
₹25.89 Cr
Net margin -103.3%
EBITDA · FY 2026
-₹33.62 Cr
EBITDA margin -134.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹31.57 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
132
Provident fund records
Directors on board
2
As per MCA filings

About Freed India Private Limited

Data last updated:

Freed India Private Limited is a private limited company based in Noida, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 27 May 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U67100UP2020PTC218431. Its GSTIN is 06AAICK0926C1ZX (Haryana). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹31.57 Lakh. It was formerly known as Kavach Financial Services Private Limited. It is led by directors Sharma Alok and Ritesh Srivastava.

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Sector 16, Noida, Uttar Pradesh.

As per the financials filed for FY 2026, the company reported a revenue of ₹25.06 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹25.89 Cr (net margin -103.3%) and EBITDA of -₹33.62 Cr (EBITDA margin -134.2%). Revenue has grown at a compounded annual rate (CAGR) of 94% over three years and 83% over five years.

The company has about 132 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: FREED. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹118.39 Cr; the latest was in February 2026. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 23 overdue payments to 6 micro and small suppliers.

Freed India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0040879). For more details, the company can be reached via its website freed.care.

Company details

CIN U67100UP2020PTC218431
Registration Number 218431
Incorporation Date 27 May 2020
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2026
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-HR-05-0040879

CIN history

Freed India has one previous CIN (Corporate Identification Number): U67100HR2020PTC086409. The current CIN is U67100UP2020PTC218431, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U67100UP2020PTC218431Current
U67100HR2020PTC086409Previous
Key People
Sharma Alok Director Ritesh Srivastava Director

Recognitions & Rankings of Freed India

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-HR-05-0040879

Contact details

Freed India Private Limited's registered office is in Noida, Uttar Pradesh.

  • Social Media
  • Apps
  • Registered Address
    Hd – 575 Wework Berger Delhi One, Sector 16B C – 001/A2 Gautam Buddha Nagar, Noida, Uttar Pradesh, India – 201301
  • Industry
    Financial Services, Diversified Financial Services
Comprehensive company report
Freed India Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Freed India operates one associated brand: FREED. Each brand links to its own profile.

BrandDescriptionWebsite
FREED
Debt resolution and loan settlement programs are offered to individuals.freed.care

Business activity

The main business activity of Freed India is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance activities66Activities auxiliary to financial service and insurance activities

To see the full business activity and turnover split of Freed India Private Limited, buy the company report.

Financials of Freed India Private Limited

FY 2026 filings available

Freed India Private Limited reported revenue of ₹25.06 Cr (up 369% YoY) for FY 2026.

Revenue · FY 2026
₹25.06 Cr ▲ 369%
Net loss · FY 2026
₹25.89 Cr margin -103.3%
EBITDA · FY 2026
-₹33.62 Cr margin -134.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 369%
3 years · compounded
▲ 94%
5 years · compounded
▲ 83%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 32%
5 years · compounded
▼ 77%

Revenue has grown at a compounded annual rate (CAGR) of 83% over five years, including 369% growth in the latest year. EBITDA fell 16% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹25.06 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹33.62 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹25.89 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin-134.2%
Net Profit Margin-103.3%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Freed India Private Limited, buy the company report.

Board of directors of Freed India Private Limited

Freed India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sharma AlokDirector05 Jul 20233 Years 4 MonthsCurrent
Ritesh Srivastava
Also directs: Accordbridge Technologies Private Limited
Director27 May 20206 Years 5 MonthsCurrent
View all directors

Deals & funding

Freed India Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹118.39 Cr; the latest was in February 2026.

Total deals
6
Funding rounds
3
Secondary share transfers
3
Disclosed funding
₹118.39 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Feb 2026Funding round₹60 CrInvestors: Aavishkaar Capital, Sorin Investments, Piper Serica Angel Fund
Apr 2024Funding round · Series A₹37.62 CrInvestors: Sorin Investments, Multiply Ventures, Piper Serica Angel Fund
Mar 2022Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Dec 2021Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Nov 2021Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

To see the full deal history of Freed India Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Freed India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 23 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 6)

SupplierAmount dueDue sinceReported on
Ncome Tech Solutions Private Limited
an individual supplier
Steam Ideas
an individual supplier
Institute of Copywriting

To see the full MSME payment records of Freed India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Freed India has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
06AAICK0926C1ZXHaryanaActive07 Jul 2020
29AAICK0926C1ZPKarnatakaActive03 Jul 2022

To see the full GST registrations and return filing status of Freed India Private Limited, buy the company report.

Recent activity

Freed India Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Sharma Alok ceased to be Additional Director on 05 Aug 2024.

Filing
Freed India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Kanpur.
AGM
Freed India Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Ceased
Sharma Alok ceased to be Additional Director.
Ceased
Ruchi Srivastava ceased to be Director.
Appointed
Sharma Alok was appointed as Director.
Appointed
Ritesh Srivastava was appointed as Director.
Incorporation
27 May 2020
Freed India Private Limited was registered on 27 May 2020 with Roc Kanpur & aged 6 years 5 months as per MCA records.

News

Freed secures $30m via Series A
06 Mar 2025 · Hospitalmanagement

Frequently asked questions

Freed India is an active private limited company based in Noida, Uttar Pradesh, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 27 May 2020 (6+ years old) and is registered under CIN U67100UP2020PTC218431.

Freed India has 2 current directors:

The latest financial statements of Freed India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Freed India is 06AAICK0926C1ZX, registered in Haryana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAICK0926C1ZP (Karnataka).

The CIN (Corporate Identification Number) of Freed India is U67100UP2020PTC218431. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Freed India has 3 court cases on record: 3 filed by the company. 1 is pending. Most are in the district courts.

Freed India was incorporated on 27 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Kanpur.

Freed India has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹118.39 Cr; the latest was in February 2026.

Sharma Alok ceased to be Additional Director on 05 Aug 2024. Ruchi Srivastava ceased to be Director on 17 Jul 2024. Sharma Alok was appointed as Director on 05 Jul 2023. Freed India has 4 board changes on record in total.

Yes, Freed India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Freed India is registered as a small enterprise under Udyam registration (number: UDYAM-HR-05-0040879).