JSW One Becomes India’s Biggest Steel Seller, Powers MSME Growth, Hits ₹12,567 Crore GMV

JSW One Platforms has claimed the title of India’s largest steel-selling platform in FY25. The company reported a gross merchandise value (GMV) of ₹12,567 crore, more than doubling its performance from the previous year. This remarkable growth highlights the platform’s expanding influence in the Indian steel market.

Supporting MSMEs Nationwide

JSW One now serves over 84,000 registered MSMEs across the country. The platform offers a seamless ecosystem, combining supply chain solutions, easy credit access, and exclusive private brands. In FY25, MSMEs benefited from nearly ₹3,800 crore in credit disbursement, making business growth more accessible than ever.

Enhanced Delivery and Service Network

The company has strengthened its Just-in-Time (JIT) delivery network, using service centers nationwide to ensure timely and reliable order fulfillment. In FY25, JSW One enabled the purchase of close to 2 million tonnes of steel, a volume unmatched by any other platform in India.

New Funding and Unicorn Status

Recently, JSW One raised ₹340 crore in a new funding round, boosting its valuation to $1 billion. This achievement marks a significant milestone, with the company’s valuation tripling in just over a year. The fresh capital will help expand credit and logistics capabilities, supporting even more MSMEs in the future.

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Driving India’s Manufacturing Growth

JSW One is more than just a marketplace. It acts as a digital backbone for India’s manufacturing and construction sectors, integrating procurement, finance, and logistics. The platform’s tech-driven approach is removing barriers for MSMEs, allowing them to focus on growth and innovation.

Key Highlights

• ₹12,567 crore GMV in FY25, a 2.4x increase year-on-year
• Over 84,000 MSMEs onboarded
• ₹3,800 crore in credit facilitated
• Nearly 2 million tonnes of steel sold
• ₹340 crore raised in latest funding round; $1 billion valuation