JSW One Platforms Unicorn became, raised Rs 340 crore

JSW One Platforms Unicorn became, raised Rs 340 crore Tezzbuzz | 2025-05-14 16:24:22

BengaluruBangalore: The B2B e-commerce platform JSW One platforms announced on Tuesday that it has raised a new capital of Rs 340 crore and the evaluation of the company from this round to $ 1 billion. This is a shift of more than 3 times from its earlier funding round in April 2023. The company said in a statement that the capital raised will strengthen the national supply chain leadership in steel and cement categories, deepen distribution and logistics networks across India, enhancing Fintech and NBFC branches and enabling wide access to loans for MSMES.

JSW One is a technology-first B2B e-commerce platform designed to serve the country and serve manufacturing MSMEs, and it takes advantage of the specialization of JSW group in platform steel and cement.

In a statement on Tuesday, Partha Jindal, president of JSW One platforms, said; “We are solving important problems by connecting our technology -based distribution models with the strength of the JSW group. We are in good position to fulfill the ambitions of India’s growing MSME region.”

According to Gaurav Sachdeva, Joint Managing Director and CEO of JSW One Platforms, it allows capital startup to expand its service network, increase our private brands and NBFC branch and to invest further in technology and logistics. In April 2023, JSW One raised funding of Rs 205 crore from Mitsui & Co., Japan, which helped to increase its credit and logistics capabilities and expand new markets.