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British business management platform Tide announced it will invest £500 million (₹6,000 crore) in India over the next five years, starting in 2026, and plans to create over 800 jobs in the next 12 months.
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This new investment builds on Tide’s original £100 million India commitment from 2021, delivered ahead of schedule. With £500 million planned over the next five years from 2026, the company aims to strengthen its long-term presence in India.
The UK-based company plans to create over 800 jobs in the next 12 months, growing its India workforce to 2,300. New roles will span product and software development, marketing, member support, and operations. This talent base in India will be key to driving Tide’s global expansion strategy.
Currently, Tide has over 1,500 employees in India, mainly in Delhi, Hyderabad, and Gurugram. According to CEO Oliver Prill, India is one of the largest and most dynamic SME markets globally and a key pillar of the company’s growth strategy.
"The strength of India's entrepreneurial ecosystem, coupled with its world-class talent base, presents immense opportunities for Tide to empower small businesses and deepen UK-India collaboration in fintech," Prill said.
"This new investment will deepen our product investment in India and accelerate localisation of solutions to meet the unique needs of small businesses in the country," said, Gurjodhpal Singh, CEO of Tide in India.
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Last month, Tide raised $120 million from global asset management firm TPG, boosting its valuation to $1.5 billion. The company said this investment reinforces India as a key growth engine and a critical hub for domestic and international operations.
Since launching in late 2022, India has become Tide’s fastest-growing market, serving over 800,000 SMEs in just 2.5 years. Indian SMEs now make up the majority of Tide’s 1.6 million global members.
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