About 121 Business Finance
121 Business Finance is a company based in Jaipur (India) founded in 2015 by Ravi Modani. It operates as a B2B. The company has 1 employees as of March 31, 2023. 121 Business Finance offers products and services including Factoring Finance, Trade Credit Finance, Purchase Finance, and Working Capital Finance. 121 Business Finance operates in a competitive market with competitors including C2FO, Progcap, Krab, financejunction and CapitalWorkz, among others.
- Headquarter Jaipur, India
- Employees 1 as on 31 Mar, 2023
- Founders Ravi Modani
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Sectors
Financial ServicesTechnology
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Email
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Phone
*********
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Website
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Social
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- Legal Name 121 Finance Private Limited
- Jurisdiction Jaipur, Rajasthan, India
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Annual Revenue
$1.18 M (USD)22.81as on Mar 31, 2023
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Net Profit
$59.67 K (USD)-20.07as on Mar 31, 2023
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EBITDA
$740 K (USD)22.33as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
1
as on Mar 31, 2023
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Products & Services of 121 Business Finance
121 Business Finance offers a comprehensive portfolio of products and services, including Factoring Finance, Trade Credit Finance, Purchase Finance, and Working Capital Finance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables quick conversion of receivables into cash for B2B trades
Provides liquidity and risk management for SME operations
Supports businesses in acquiring goods without depleting capital
Offers customized funds for seasonal and diverse business needs
Funding Insights of 121 Business Finance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by 121 Business Finance
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 121 Business Finance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
121 Business Finance Comparisons
Competitors of 121 Business Finance
121 Business Finance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as C2FO, Progcap, Krab, financejunction and CapitalWorkz, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of cash flow optimization and dynamic discounting solutions for businesses and vendors
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| domain | founded_year | HQ Location |
Provider of financial and technology products for small and medium businesses
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| domain | founded_year | HQ Location |
Provider of transportation management software
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| domain | founded_year | HQ Location |
Supply chain financing solutions are offered online to sales networks.
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| domain | founded_year | HQ Location |
Operates an online platform for business loans.
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| domain | founded_year | HQ Location |
It provides debt funding for MSMEs and startups
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 121 Business Finance
When was 121 Business Finance founded?
121 Business Finance was founded in 2015.
Where is 121 Business Finance located?
121 Business Finance is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
Who is the current CEO of 121 Business Finance?
Ravi Modani is the current CEO of 121 Business Finance. They have also founded this company.
How many employees does 121 Business Finance have?
As of Mar 31, 2023, the latest employee count at 121 Business Finance is 1.
What is the annual revenue of 121 Business Finance?
Annual revenue of 121 Business Finance is $1.18M as on Mar 31, 2023.
What does 121 Business Finance do?
121 Finance is an RBI-registered NBFC-Factor that specializes in financial services for SMEs, including trade credit finance, factoring finance, purchase finance, and working capital solutions. It facilitates liquidity, risk management, and quick disbursements through digital processes. Based in Jaipur, Rajasthan, India, it serves small and medium enterprises by accelerating payments on B2B invoices and supporting inventory management.
Who are the top competitors of 121 Business Finance?
121 Business Finance's top competitors include C2FO, Progcap and financejunction.
What products or services does 121 Business Finance offer?
121 Business Finance offers Factoring Finance, Trade Credit Finance, Purchase Finance, and Working Capital Finance.