Mumbai, India – May 13, 2025 – JSW One Platforms Ltd., India’s leading tech-driven B2B e-commerce platform, has secured ₹340 crore in fresh funding, led by Principal Asset Management, OneUp, JSW Steel, and other investors. With this round, the company’s valuation has soared to $1 billion, officially entering the unicorn club.
This marks a 3x increase in valuation since its previous fundraise in April 2023, underlining the platform’s rapid growth, strong product-market fit, and robust operational execution over the past four years.
The newly raised capital will be used to strengthen JSW One’s leadership in steel and cement supply chains, expand its logistics and distribution network nationwide, scale its fintech and NBFC arms, and enhance credit access for MSMEs. A major focus will be on building an integrated technology platform that streamlines procurement for small and mid-sized businesses.
JSW One offers a full-stack ecosystem that includes commerce, financing, and fulfilment—simplifying procurement for over 500,000 MSMEs in the construction and manufacturing sectors across India.
Parth Jindal, Chairman, JSW One Platforms, stated,
“JSW One Platforms is redefining how India’s MSMEs buy, finance, and grow. Backed by the manufacturing strength of the JSW Group, we are solving core challenges in procurement with a tech-led, scalable model.”
Gaurav Sachdeva, Joint Managing Director & CEO, added,
“Our mission is to provide reliable procurement, timely delivery, and accessible credit to MSMEs. This funding enables us to accelerate growth, expand private labels, scale our NBFC operations, and invest in cutting-edge technology and logistics.”
Previously, in April 2023, JSW One raised ₹205 crore from Japan’s Mitsui & Co., which helped the company enhance its logistics and credit services and expand into new markets.
