JSW One Platforms raises Rs 575 crore from SBI, JSW Steel, Principal Asset Management, others

Share via:



JSW One Platforms, the business-to-business (B2B) ecommerce arm of the steel-to-cement conglomerate JSW Group, has closed a Rs 575 crore funding round with participation from State Bank of India (SBI), Principal Asset Management, group company JSW Steel, OneUp, International Conveyors, and Scarlett Ventures.

The round, which began in May, valued the company at around Rs 8,575 crore. The company had announced part of this round in May after raising Rs 340 crore.

The fresh capital will be used to scale the company’s technology platform, expand its…



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.

Popular

More Like this

JSW One Platforms raises Rs 575 crore from SBI, JSW Steel, Principal Asset Management, others



JSW One Platforms, the business-to-business (B2B) ecommerce arm of the steel-to-cement conglomerate JSW Group, has closed a Rs 575 crore funding round with participation from State Bank of India (SBI), Principal Asset Management, group company JSW Steel, OneUp, International Conveyors, and Scarlett Ventures.

The round, which began in May, valued the company at around Rs 8,575 crore. The company had announced part of this round in May after raising Rs 340 crore.

The fresh capital will be used to scale the company’s technology platform, expand its…



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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Want to Vacuum Seal Your Groceries? Avoid These 7...

Vacuum sealing is a popular option to get a...

How to watch the Sony Honda Afeela CES 2026...

Sony's CES 2026 press conference is just days away,...

Popular