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Tide, a UK business finance platform that has a global development centre in Hyderabad, said on Monday it has got more than $100 million in funding, bringing the company’s total raised capital to $200 million.
Tide is valued at over $650 million post-money, after four years of operation. The Series C round was led by Apax Digital, the growth equity team of Apax Partners. Anthemis, Augmentum, Jigsaw, Local Globe / Latitude, SBI, and SpeedInvest, existing investors in the company, also participated in the round. Tide, earlier this year, announced it planned a full launch in India for 2022.
Tide’s user base in
