MUMBAI: JSW One Platforms Joins the Elite Unicorn Club

In a significant milestone, JSW One Platforms, the B2B e-commerce arm of the diversified JSW Group, has soared to a $1 billion valuation following a fresh infusion of Rs 340 crore in funding. This achievement marks its entry into the prestigious unicorn startup category.

Investor Confidence Peaks

The funding round was spearheaded by Principal Asset Management, OneUp, JSW Steel, alongside other investors, showcasing strong confidence in the platform's growth trajectory. This round values the company at more than three times its valuation from the previous investment in April 2023.

A Year of Unicorns

JSW One Platforms is the third startup to achieve unicorn status this year, following in the footsteps of Netradyne and Porter, highlighting a vibrant ecosystem for innovative businesses in India.