Other Deals
UK's financial services platform Tide raises $100-M from Apax Partners, SBI, others
UK-based business financial platform Tide, which has a development centre in Hyderabad, has raised over USD 100 million in Series-C funding, taking the company's total funding to USD 200 million till date. The round was led by Apax Digital, the growth equity team of Apax Partners. Anthemis, Augmentum, Jigsaw, Local Globe / Latitude, SBI and SpeedInvest, along with existing investors, also participated in the round. Tide will use the funds to develop its business financial platform, grow market share as well as expand globally. It plans an expansion with a full launch of its platform in India in 2022.
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