121 Finance launches GeM Sahay 2.0 to enhance credit access for small Indian businesses.

121 Finance, an NBFC-Factor registered with India's RBI, has partnered with the Government-e-Marketplace (GeM) and tech firms to launch GeM Sahay 2.0. This new version aims to improve credit access for micro, small, and medium enterprises (MSMEs) in India. The collaboration, using the OCEN framework, sets a benchmark for digital lending and financial inclusion, with 121 Finance financing even small invoices to promote broader access to credit for businesses.

2 months ago
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