Will UK firm Tide invest Rs 6,000 crore in India by 2026?
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Synopsis
Tide, a leading UK business management platform, is set to invest £500 million in India over the next five years, aiming to create 800 jobs by next year. This significant move illustrates Tide's commitment to strengthening its presence in India's fast-growing SME market.
Key Takeaways
- Tide is investing £500 million in India over five years.
- Over 800 new jobs will be created within the next year.
- The investment strengthens Tide's commitment to India's fast-growing SME market.
- India is now Tide's fastest-growing market with over 800,000 SMEs served.
- This investment follows a $120 million strategic investment from TPG.
New Delhi, Oct 10 (NationPress) Tide, the premier business management platform from the UK, disclosed on Friday that it will channel a significant £500 million (Rs 6,000 crore) investment into India over the next five years, commencing in 2026.
The British firm stated that this initiative will further solidify its long-term devotion to the country and enhance its position as a pivotal center for both national and international operations.
In the upcoming year, Tide aims to recruit more than 800 new employees as part of its expansion strategy, which will elevate its workforce in India to approximately 2,300, according to the company.
The new positions will encompass areas such as product development, software development, marketing, member support, and operations. Currently, Tide employs more than 1,500 professionals in India, primarily situated in Delhi, Hyderabad, and Gurugram.
This announcement follows a recent strategic investment of $120 million by the global alternative asset management firm TPG, which has increased Tide's valuation to $1.5 billion.
Since initiating its operations in India, the country has rapidly become Tide's fastest-growing market, catering to over 800,000 small and medium enterprises (SMEs) in just over two and a half years.
Indian SMEs now represent the majority of Tide's 1.6 million global membership base.
Tide's Chief Executive Officer, Oliver Prill, remarked: "India is not only the largest but also one of the most exhilarating SME markets globally and a crucial component of Tide’s worldwide growth strategy."
He added that Tide has vast opportunities to empower small businesses and bolster UK-India fintech collaboration, thanks to India's dynamic entrepreneurial ecosystem and its exceptional talent pool.
Tide has already accomplished its pledge from June 2021 to invest £100 million in India, which was achieved ahead of the original five-year timeline. The recent investment of £500 million underscores the company's ambition to further expand in India and establish it as a cornerstone of its global growth.
Point of View
Tide's significant investment in India is a testament to the country's burgeoning role in the global economy. This move not only promises job creation but also reinforces India's position as a vital player in the fintech landscape, showcasing its potential to attract foreign investments and nurture local enterprises.
NationPress
11/10/2025
Frequently Asked Questions
What is Tide's investment amount in India?
Tide has announced an investment of £500 million (Rs 6,000 crore) in India over the next five years.
How many jobs will Tide create in India?
Tide plans to create over 800 new jobs in India within the next year.
When will the investment begin?
The investment will commence in 2026.
Which sectors will the new jobs cover?
The new roles will cover product development, software development, marketing, member support, and operations.
How many employees does Tide currently have in India?
Tide currently employs over 1,500 professionals in India.
