# JSW Steel: portfolio, investments and team

> JSW Steel is a corporate vc based in India. 2 investments on record, latest Oct 2025. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/jsw-steel (Millionrounds; every figure on the page links to its filing or article)

India · [Investor](https://millionrounds.com/investors)

# JSW Steel

Last cheque observed Oct 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Corporate VC Quiet

Series B Mineral Mining Mining Technology

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 2 on record

Since the last cheque **397** days **00** hrs **00** min **00** sec

Median round **$66M** Rounds led **0 of 2**

Pitch JSW Steel

## JSW Steel highlights

- 01 2 rounds on record
- 02 Mostly Series B: 100% of its rounds

## What they do

- **Type:** Corporate VC (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Mineral Mining Mining Technology
- **Based in:** India
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **2 appearances**

- **2025** 2 rounds
- **Oct** **[JSW One Platforms](https://millionrounds.com/company/jsw-one-platforms)** IN · Firms' own news pages **$65M** With 5 others
- **May** **[JSW One](https://millionrounds.com/company/jsw-one)** Series B · Firms' own news pages **$68M** With 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **14** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## The cheque

Series B

Median round joined **$66M** the round, not its cheque

Led 0 of 2 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Oct 2025

Rounds by stage said on their site

- Series B *1*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [One-Up](https://millionrounds.com/fund/one-up) 2
- [PT Principal Asset Management](https://millionrounds.com/fund/pt-principal-asset-management) 2

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## Who they invest alongside

The investors most often in the same rounds as JSW Steel. A count of rooms they were both in, not a relationship either has claimed.

[**One-Up** Growth equity **2** rounds together](https://millionrounds.com/fund/one-up)[**PT Principal Asset Management** VC firm **2** rounds together](https://millionrounds.com/fund/pt-principal-asset-management)

## Quick answers about JSW Steel

### What does JSW Steel invest in?

JSW Steel invests most often at Series B (100% of the rounds on record), in sectors such as Mineral, Mining and Mining Technology.

### How active is JSW Steel?

2 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2025.

### What has JSW Steel invested in recently?

Its most recent investments on record: JSW One Platforms (Oct 2025) and JSW One (Series B, May 2025).

### How big are JSW Steel's cheques?

The median round it joins is $66M.

### Is JSW Steel investing now?

No investments in the last 12 months; the latest was in Oct 2025.

### Who does JSW Steel invest alongside?

Most often One-Up (2 rounds together) and PT Principal Asset Management (2 rounds together).

### What kind of investor is JSW Steel?

JSW Steel is a corporate VC based in India.

### When was JSW Steel founded?

JSW Steel was founded in 1982.

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