STORY · SELSKAPER_
ServiceNow invests $40 million in Indian banking software company
ServiceNow has invested $40 million in BusinessNext, an Indian company developing AI-driven software for banks, in a round that values the firm at $700 million. The investment is intended to strengthen ServiceNow's position in financial services and enable global expansion of BusinessNext's banking solutions.
WHY IT MATTERS
This shows how large enterprise software companies are doubling down on integrating AI into critical financial systems. The investment signals that AI-driven banking software is becoming a core focus for ServiceNow, and it opens the door for faster global scaling of Indian fintech expertise.
SOURCES
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