JSW One Platforms Secures Rs 575 Crore Funding, Valued at Rs 8,575 Crore
JSW One Platforms, a leading Indian industrial ecosystem player, has secured significant funding, valuing the company at approximately Rs 8,575 crore. The latest round, led by State Bank of India, will fuel expansion and strengthen its financial services arm.
JSW One Platforms, established in 2021, operates two key divisions: JSW One Distribution and JSW One Finance. For the financial year ending March 2025, the company reported a gross merchandise value (GMV) of Rs 12,567 crore and revenue of Rs 3,976 crore.
The company has raised Rs 575 crore in its latest funding round, with State Bank of India as the lead investor. The fresh capital will be used to accelerate investments in JSW One's proprietary technology platform, aiming to empower MSMEs by widening money access and enhancing underwriting capabilities. Plans also include expanding the distribution and logistics network to improve last-mile delivery and embedded financial services.
With this funding, JSW One Platforms aims to strengthen its operations and NBFC arm. Chairman Parth Jindal expressed that the company has become a key growth driver in India's industrial ecosystem, simplifying procurement for MSMEs through its unified ecosystem.
