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«Our goal is to welcome another 500,000 small businesses to Tide by December 2025. To make this happen, we're expanding our range of financial tools using advanced technology to tackle the latest business challenges,» Singh said.
«We're focusing on smarter AI-powered financial insights, stronger connections with India's growing digital payment systems, and new features to make managing finances and admin even easier,» he added.
Tide plans to offer new products like savings and investments, tailored insurance plans, easy access to formal credit, simplified Udyam registration, hassle-free GST filing and advanced payment acceptance solutions. It currently offers solutions such as invoicing, expense cards and bill pay.
The company, which has operations in the UK and Germany as well, stated that smaller cities have fueled its growth in India backed by rapid formalisation of small businesses.
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