ServiceNow bets $40 million on Indian banking software specialist to expand its financial services push
- ServiceNow invests $40m in Indian firm BusinessNext at $700m valuation
- Deal pairs BusinessNext's banking software with ServiceNow's global sales reach
- BusinessNext serves 70+ banks, including India's central bank and top lenders
ServiceNow, the US enterprise software firm best known for automating IT service and HR workflows, has invested $40 million in BusinessNext, an Indian banking software specialist, valuing the company at $700 million and giving ServiceNow a roughly 5% stake. The deal deepens ServiceNow's push into global financial services…






