UK-based business banking platform Tide has announced a significant expansion of its India operations, committing £500 million (approximately ₹6,000 crore) over the next five years starting in 2026.
The company also plans to create over 800 new jobs in India within the next 12 months, reinforcing its long-term strategy to position India as a central hub for global operations.
Expansion Builds on Earlier Investment Milestone
Tide’s latest investment builds on its earlier commitment of £100 million made in 2021, which the company successfully delivered ahead of schedule.
The new funding will support product development, technology innovation, and operational scaling across India, particularly in areas serving small and medium enterprises (SMEs).
The move signals Tide’s confidence in India’s fintech ecosystem and its strategic importance in the company’s global roadmap.
CEO Gurjodhpal Singh emphasized that the investment reflects Tide’s belief in India’s talent pool and its potential to drive innovation.
“India is not just a market for us—it’s a strategic base for global delivery and innovation,” Gurjodhpal said in a statement.
Job Creation and Talent Strategy
Tide currently employs over 1,500 professionals in India, primarily across its offices in Delhi, Hyderabad, and Gurugram.
With the addition of 800 new roles, the company’s India headcount will grow to approximately 2,300.
The new positions will span multiple functions including product development, software engineering, marketing, member support, and operations.
The company has stated that the Indian workforce will play a pivotal role in delivering Tide’s global expansion strategy.
The hiring push is expected to strengthen Tide’s capabilities in building scalable digital banking solutions tailored for SMEs, both in India and abroad.
Tide Future Plans and Operational Focus
Starting in 2026, Tide will deploy the £500 million investment across infrastructure, talent development, and technology platforms.
Tide aims to enhance its offerings in business banking, automate workflows for SMEs, and expand its reach in Tier 2 and Tier 3 cities.
The company will collaborate with local partners and regulators to ensure compliance and innovation in financial services.
As part of its long-term vision, Tide plans to make India a center for product innovation and customer experience design.
Note: We are also on WhatsApp, LinkedIn, and YouTube to get the latest news updates. Subscribe to our Channels. WhatsApp– Click Here, YouTube – Click Here, and LinkedIn– Click Here.
