JSW Steel’s One raised Rs. 340 Cr ($40 million approx.), valued at $1 Billion.

JSW One is B2B platform, founded by India’s on the biggest steel manufacturer JSW Steel. The funding round was led by Principal Asset Management, OneUp, Steel, and other investors. The JSW group is planning to invest around Rs. 4,000 Cr into building this e-commerce platform, which will effectively help company to reduce their distribution cost and also have better control over their supply chain and margins.

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