brief business
ServiceNow bets $40M on Indian banking AI
ServiceNow invested $40M in India's BusinessNext at a $700M valuation to deepen its AI push into banking workflows.
ServiceNow invested $40 million in BusinessNext, an Indian financial-services AI company, at a $700 million valuation. The deal extends ServiceNow’s push into AI-driven banking workflows by pairing its enterprise platform with BusinessNext’s existing customer base in Indian financial services rather than building that vertical expertise in-house.
sources 1 cited
1 techcrunch.com ServiceNow bets $40M on Indian firm BusinessNext at $700M valuation to deepen banking AI push