JSW One eyes IPO in 18-24 months, targets break-even this fiscal

, By The Economic Times
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JSW One Platforms, the business-to-business (B2B) ecommerce arm of the steel-to-cement conglomerate JSW Group, plans to go public in 18-24 months, joining peers like Zetwerk, Infra Market and OfBusiness in preparing for an initial public offering (IPO).

“We will be breaking even this year, and active appointments with investment bankers will begin from the next financial year,” Gaurav Sachdeva, chief executive of JSW One, told ET in an interview.

“We don’t need large-scale capital today. This year is about building scale and planning for the…



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JSW One eyes IPO in 18-24 months, targets break-even this fiscal

, Published By The Economic Times
Tech



JSW One Platforms, the business-to-business (B2B) ecommerce arm of the steel-to-cement conglomerate JSW Group, plans to go public in 18-24 months, joining peers like Zetwerk, Infra Market and OfBusiness in preparing for an initial public offering (IPO).

“We will be breaking even this year, and active appointments with investment bankers will begin from the next financial year,” Gaurav Sachdeva, chief executive of JSW One, told ET in an interview.

“We don’t need large-scale capital today. This year is about building scale and planning for the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News
Copilot Money is the budgeting app you’ve been looking for
Next News
This AI-powered startup studio plans to launch 100,000 companies a year — really
The Economic Times

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