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jsw one: JSW One set to cross $1 billion mark in GMV this FY

JSW One Platforms – the e-commerce venture of the JSW Group – is set to cross the $1-billion mark on an exit rate basis in gross merchandise value before the close of the current financial year riding on its strong first-half-of-the year traction.

“We had said that we will exit at a billion dollars in FY24, and today it is looking larger than that,” Gaurav Sachdeva, the chief executive officer told ET in an interaction. “In fact, we will hit the billion-dollar run-rate ahead of that,” he said. The platform, which sells flat and long products of steel, stainless less and cement to micro, small and medium enterprises, has seen its sales surge more than four times to over ₹1,700 crore or about $220 million in the first half of 2023-24 (April-March) compared to the previous year.

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