Tag: 121 Finance

Dhillon Freight Carrier Limited to Launch INR 10.08 Crore IPO on BSE SME
Business, Press Release

Dhillon Freight Carrier Limited to Launch INR 10.08 Crore IPO on BSE SME

Kolkata (West Bengal) [India], September 26: Dhillon Freight Carrier Limited (DFCL), an emerging logistics solutions provider with over a decade of experience in road transportation, has announced its maiden initial public offering (IPO) to raise ₹10.08 crore. The IPO will open for subscription on September 29, 2025, and close on October 1, 2025. The equity shares are proposed to be listed on the BSE SME platform. The fixed price issue comprises 14,00,000 equity shares of face value ₹10 each, offered at ₹72 per share. Following the issue, the promoters’ holding will stand at 64.29%, while the public shareholding will be 35.71%. Founded in 2014 by Mr. Karan Singh Dhillon, DFCL began operations on a small scale as Dhillon Freight Carrier Private Limited. Over the years, it has expanded into ...
Monedo Financial Services on a Mission to Drive Inclusion, Diversity and Economic Growth in India
Business, Press Release

Monedo Financial Services on a Mission to Drive Inclusion, Diversity and Economic Growth in India

Mumbai (Maharashtra) [India], February 17: Monedo Financial Services Private Limited, one of India’s fastest-growing Non-Banking Financial Companies (NBFCs), is redefining financial empowerment through innovation, ethics, and best-in-class customer service. With a strong focus on women-led leadership, a transparent governance model, and a commitment to financial inclusion, Monedo is positioned as a profitable and future-ready financial institution. Monedo has built a reputation for offering customized financial solutions that address real-world challenges in three critical areas: SME Financing, Healthcare Financing, and Supply Chain Finance (SCF). Small and medium enterprises (SMEs) are the backbone of India’s economy, and Monedo provides them with timely working capital, term loans, and t...
Business, Press Release

121 Finance goes live on OCEN enabled GeM Sahay

Jaipur (Rajasthan) [India], October 27: 121 Finance, an RBI registered NBFC, focused on Short Term Working Capital Finance, has become one of the first lenders on GeM SAHAY and hence one of the earliest adopters of OCEN (Open Credit Enablement Network). This Government e-Marketplace SAHAY initiative brings a complete financing solution for sole proprietors to avail instant, frictionless financing to help fulfil government orders. With this, 121 Finance joins ICICI Bank and UGRO capital on this platform.121 Finance has built a proprietary technology stack that can provide end-to-end digital loans as low as Re.1. Passionate about Working Capital Management, Dr Ravi Modani founded 121 Finance, now present in 86 cities across the country. 121 Finance offers various innovative products rangin...