2020
Mumbai (India)
Series B
JSW One MSME is a leading B2B digital marketplace dedicated to streamlining the procurement of steel and building materials for India’s micro, small and medium enterprises (MSMEs). JSW One MSME is a flagship venture of the renowned JSW Group, a $24 billion conglomerate with interests in steel, cement, energy and infrastructure. The platform primarily serves the Indian market, targeting MSMEs in manufacturing, construction and allied industries.
JSW One MSME offers a one-stop digital marketplace for MSMEs to buy steel, TMT bars, cement, welding consumables and other industrial materials online. The platform connects manufacturers and construction businesses with verified suppliers, ensuring quality-checked products, transparent pricing and reliable, timely delivery. In addition to raw material procurement, JSW One MSME provides value-added services such as affordable financing options, digital lending, logistics support and supply chain management. The company also features private label products like JSW One TMT and JSW One Concrete, expanding its offerings to meet diverse construction and manufacturing needs. Overall, JSW One MSME streamlines procurement, credit and fulfillment for MSMEs, making material sourcing efficient and hassle-free
JSW One MSME operates on a B2B e-commerce marketplace model, generating revenue primarily through:
Direct Sales & Marketplace Commissions: The platform earns margins on direct sales of steel and building materials, as well as commissions from third-party suppliers transacting through its digital marketplace.
Private Label Products: JSW One MSME offers private brands (such as JSW One TMT and JSW One Concrete), capturing higher margins and fostering brand loyalty among MSMEs.
Value-Added Services: The platform provides logistics, credit and financing solutions (through its fintech and NBFC arms) and supply chain management for MSMEs, generating additional revenue streams.
Subscription & Membership Services: While the core platform is open, premium services or value-added features may be offered on a subscription basis, enhancing monetization as the user base grows.
B2B Focus: The primary customers are MSMEs in the manufacturing and construction sectors, including contractors, developers, manufacturers and project consultants.
Repeat Business: Over 70% of JSW One MSME’s business comes from repeat orders, reflecting strong customer retention and trust.
Market Expansion: Rapidly scaling its presence across India, with a focus on deepening distribution and logistics networks to serve MSMEs in both metro and non-metro regions.
Product Innovation: Expanding its private label offerings (e.g., ready-mix concrete, TMT bars) and introducing new solutions tailored to the evolving needs of MSMEs.
Fintech Integration: Scaling its fintech and NBFC arms to provide wider access to credit, addressing a key pain point for MSMEs and supporting business growth.
Technology Investment: Building a robust tech stack to enhance procurement efficiency, customer experience and supply chain transparency.
Strategic Partnerships: Leveraging the JSW Group’s manufacturing and distribution strengths and collaborating with logistics and technology partners to optimize the value chain.
$65.1 Million
2
$40.0 Million, Series B
as of May 13, 2025
-
as of N/A
-
as of N/A
Mitsui
and 2 more815
Arya
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
May 13, 2025 | Series B | $40.0 Million | - | - | - | One Up Financial Consultants ,Principal Asset Management |
April 10, 2023 | Series A | $25.0 Million | $336.0 Million | $53.0 Million | 5.7x | Mitsui |