कोशिश गोल्ड - मुक्त
JSW One raises ₹575 cr to boost MSME loans
Mint Hyderabad
|October 07, 2025
50% funds will back JSW One Finance, the rest for expanding distribution
JSW One caters to micro, small and medium enterprises, with 82% of its business in manufacturing, and 18% in the construction sector, says CEO Gaurav Sachdeva.
(MINT)
A ₹575-crore fundraising round announced by JSW One Platforms on Monday will help the B2B e-commerce firm underwrite more inventory loans and grow its loan book five times to ₹500 crore by the end of this year, the company's chief executive officer (CEO) said.
According to Gaurav Sachdeva, the company's joint managing director and CEO, about half of the capital raised will go towards capitalizing its in-house non-banking financial company—JSW One Finance Ltd.
The remainder of the proceeds will be utilized for scaling up JSW One Platforms, including expanding its distribution channels.
यह कहानी Mint Hyderabad के October 07, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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