JSW One Platforms Secures Rs 575 Crore Funding to Accelerate MSME-Focused Growth

JSW One Platforms has successfully closed its latest funding round, raising Rs 575 crore from a consortium of leading investors, including the State Bank of India (SBI), Principal Asset Management, One-Up, International Conveyors (ICL), Scarlett Ventures, and JSW Steel. The fresh capital infusion marks a major milestone for the company as it aims to drive its next phase of technology-led growth and strengthen its role in empowering India’s MSME sector.

The funds raised will be strategically utilised to expand JSW One’s proprietary technology platform, scale its operations, and strengthen its growing NBFC arm. A key focus will be on improving credit access for MSMEs by enhancing underwriting capabilities and developing customised financial products to meet their diverse business needs. Additionally, the company plans to widen its distribution and logistics network across key industrial clusters, improving last-mile delivery and fulfilment efficiency while integrating financial services into its ecosystem.

Parth Jindal, Chairman of JSW One Platforms, said, “JSW One Platforms has evolved into a key enabler of India’s industrial ecosystem. With this funding, we are proud to welcome SBI as a long-term partner in our journey to empower MSMEs through digital and financial innovation. Our expanding NBFC arm will bridge the working capital gap that continues to challenge small businesses.”

Echoing this sentiment, Gaurav Sachdeva, Joint Managing Director and CEO of JSW One Platforms, added, “We are building a unified ecosystem that combines supply, credit, and technology to simplify procurement for MSMEs. SBI’s participation is a strong endorsement of our strategy and our commitment to support India’s manufacturing-led growth.”

The company reported a 2.4x year-on-year growth in FY’25, achieving a gross merchandise value (GMV) of Rs 12,567 crore. For the first half of FY’26, JSW One Platforms targets a GMV exceeding Rs 8,000 crore, maintaining a growth trajectory of over 50%. With this momentum, the company continues to strengthen its vision of becoming India’s most respected technology-driven enterprise serving MSMEs across industries.