TechCrunch·3 min read·medium
ServiceNow bets $40 million on Indian banking software specialist to expand its financial services push
J
Jagmeet Singh
✦AI Summary
ServiceNow has invested $40 million in Indian banking software firm BusinessNext, valuing the company at $700 million. The partnership aims to integrate ServiceNow's workflow automation with BusinessNext's banking solutions to expand their reach in the global financial services market.
ServiceNow, the U.S. enterprise software company known for automating workflows like IT service management and HR operations, is betting on an Indian banking software specialist to deepen its push into global financial services.
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