JSW One Platforms Joins Unicorn Club with Rs 3,400 Mn Raise

16 May 2025 CW Team

JSW One Platforms Ltd, a tech-driven business-to-business (B2B) e-commerce platform, has raised Rs 3,400 million in fresh capital, taking its valuation to USD one billion and entering the unicorn club. The funding round was led by Principal Asset Management, OneUp, JSW Steel, and other investors.

The company’s valuation has more than tripled since April 2023, reflecting its strong product-market fit and execution capabilities. The funds will be used to enhance supply chain leadership in steel and cement, expand distribution and logistics networks across India, scale its financial technology (fintech) and non-banking financial company (NBFC) services, and improve credit access for micro, small, and medium enterprises (MSMEs).

JSW One offers an integrated ecosystem combining commerce, credit, and fulfilment to support over five hundred thousand MSMEs. The platform aims to simplify sourcing and boost growth for the building and manufacturing sectors.

In April 2023, JSW One raised Rs 2,050 million from Mitsui & Co., Japan, which helped expand its credit services and logistics reach across new markets.

Source: JSW One Platforms Funding Press Release

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..