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Companies & FundingReportedTechCrunch / AI

ServiceNow invests $40 million in Indian banking software firm BusinessNext to boost global AI banking push

ServiceNow has invested $40 million in BusinessNext, an Indian banking software specialist, at a $700 million valuation. The partnership aims to help expand BusinessNext's AI-powered banking software globally, strengthening ServiceNow's presence in financial services.

Why it matters: The deal highlights ServiceNow's commitment to expanding its AI-driven financial services offerings and global reach.

Full story at: TechCrunch / AI