New Delhi: JSW One Platforms, a subsidiary of JSW Group, has raised Rs 205 crore ($28 million) from Japanese conglomerate Mitsui & Co. The funding values the Indian industrial conglomerate at Rs 2,750 crore ($375 million).
JSW One Platforms is a digital solutions company that aims to transform industries through data-driven innovation. The company provides software solutions that help enterprises optimize their operations and increase efficiency. The company’s offerings include solutions for smart factories, logistics optimization, and energy management.
The funding will help JSW One Platforms expand its business in India and other global markets. The company plans to use the funds to accelerate its product development and invest in research and development. The company also plans to use the funding to expand its team and increase its market reach.
The investment from Mitsui is a significant milestone for JSW One Platforms. Mitsui is a global leader in various industries, including energy, infrastructure, and chemicals. The Japanese conglomerate has a strong presence in India and has invested in several Indian companies in the past.
The funding also highlights the growing interest in India’s digital solutions sector. India’s digital solutions market is expected to grow significantly in the coming years, driven by the country’s increasing digital adoption and the growing demand for data-driven solutions.
JSW One Platforms is well-positioned to capitalize on this trend with its innovative solutions and strong industry expertise. With the funding from Mitsui, the company is poised to expand its market reach and become a leading player in India’s digital solutions sector.
