New Delhi, JSW One Platforms on Monday announced the appointment of Ranjan Pa as independent director on its board.

The company is an e-commerce venture of the US$23 billion JSW Group. I run JSW One MSME, a B2B tech-enabled marketplace to cater to the building material needs of industrial and construction MSMEs in India.

JSW One Platforms said in a statement that as part of his role, Pai will provide strategic guidance to shape the future of the company and create long-term value for stakeholders.

Pai has experience in investing in the education and healthcare sectors and mentoring tech startups in India.

Parth Jindal, Director, JSW One Platforms, said, “I look forward to his invaluable insights to grow and expand JSW One into the largest technology platform in India's USD 400 billion addressable B2B market. -He has deep knowledge of the commerce ecosystem and guidance.” “This will be critical in enhancing our growth and governance structure as we work toward an IPO over the next 18 to 24 months.”

The company did not provide any further details regarding the initial public offering (IPO).

Pai is an educationist, entrepreneur and investor.

It said he serves as the founder and chairman of Manipal Education and Medical Group (MEMG).

The JSW One platform exits at a gross merchandise value (GMV) of around Rs 9,000 crore in FY2024, the company statement said.