• JSW One reported 2.4x year-on-year growth, facilitating the sale of nearly 2 million tonnes of steel.
• The platform expanded its user base and enabled Rs 3,800 crore in credit disbursement through banks and NBFCs.
• Raised Rs 340 crore in May 2025, reaching a $1 billion valuation, backed by Principal Asset Management, OneUp, and JSW Steel.

Tech-enabled B2B commerce startup JSW One Platforms Ltd, belonging to the JSW Group, has emerged as India's largest steel-selling platform having achieved a gross merchandise value (GMV) of Rs 12,567 crore in FY25  an increase of 2.4x over FY24.

Earlier this month, JSW One became a unicorn, after its Rs 340 crore fundraise by Principal Asset Management, OneUp, JSW Steel, and others valued it at $1 billion. This is over three times its April 2023 valuation when it raised Rs 205 crore from Japan's Mitsui & Co.

The platform currently supports an expanding universe of over 84,000 Indian MSMEs through an integrated ecosystem offering supply chain services, credit facilitation, and private-label products. Significantly, JSW One facilitated Rs 3,800 crore disbursement of credit in FY25 via its partnership with banks and NBFCs.

As part of its business growth, JSW One has enhanced its Just-in-Time (JIT) delivery network by expanding service centers across the country, making delivery more reliable. In the last fiscal year alone, the platform enabled the sale of close to 2 million tonnes of steel.

"JSW One is constructing a new operating horizon for India's manufacturing and building industries where supply, credit, and digital smarts come together to empower MSMEs to propel national development," commented Gaurav Sachdeva, Joint Managing Director and CEO of JSW One Platforms.

Seconding this vision, Parth Jindal remarked, "JSW One Platforms is not merely a marketplace it is the enabler of how India's MSMEs source, fund, and grow their businesses."

Read More News :

Zepto Partners with Truecaller to Boost Trust and Streamline Customer Experience

FirstCry Posts Steep Q4 FY25 Loss Despite Strong Annual Revenue Growth