India’s first NBFC-Factor (after RBI’s Jan 2022 regulation) based out of Jaipur, on a mission to bring Factoring, which was only available to corporates so far, to the MSMEs and especially support small ticket size trade to grow.
Using technology as leverage, the company is bringing disruptive upgrades to the world of Working Capital Finance with Factoring – collateral-free finance, Embedded Finance, Co-lending and other customised short-term offerings.
Headed by Dr Ravi Modani, PhD in Working Capital Management, 121 Finance is focused on delivering Working Capital loans backed by the knowledge and understanding of its core team in its third-generation legacy in business, banking and technology.
"Our mission is to enable any buyer or seller across the nation to get their invoice discounted"
Ramjidas Modani Foundation
Estd. by Dr Modani, the foundation has been instrumental in providing free of cost/ subsidised heart treatments for the underprivileged, free heart surgeries for children. Under the advisory of SN Modani, the foundation has successfully helped with 150 child heart surgeries and countless medical checkup camps in rural areas.
508, Neelkanth, 1, Bhawani Singh Road, C-Scheme, Jaipur 302001, INDIA
Office No 911, ResCowork02 Unit No 9, Corporate Park II, 9th Floor, V N Purav Marg, Near Swastik Chambers, Chembur, Mumbai, Maharashtra -400071, INDIA
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