Mumbai, June 26 -- JSW One Platforms, the Sajjan Jindal-led conglomerate's B2B digital marketplace, looks to break even this fiscal year and plans to go public by FY28, Gaurav Sachdeva, the company's joint managing director and chief executive officer said on Thursday.

The company aims to achieve steady-state profit margin of 1%, he said. This would make it one of the first business conglomerate-led B2B e-commerce platforms to become profitable. Other such ventures include Aditya Birla Group's Birla Pivot, Larsen & Toubro's L&T SuFin and Tata Group's Nexarc.

JSW One targets Rs. Rs.50,000 crore in gross merchandise value (GMV) in the next three years. GMV is the total monetary value of all the products sold on a platform. The company clo...