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Tide enters unicorn club as TPG leads $120 mn fundraise
Mint Mumbai
|September 23, 2025
UK-based Tide has raised over $120 million in a funding round led by TPG, valuing the fintech company at $1.5 billion. Tide, which counts India as its fastest-growing market, was valued at around $650 million in 2021, according to data from market intelligence platform Tracxn.
Apart from TPG's The Rise Funds, Tide's existing investor Apax Digital Funds also invested in its latest fundraising round, the company said in a statement on Monday.
The $120 million fundraise included existing shareholders in Tide selling some of their stake to other investors.
Tide added that it will use the funds to accelerate its international expansion, for product development and to invest in agentic artificial intelligence—AI capable of taking actions without human intervention.
This story is from the September 23, 2025 edition of Mint Mumbai.
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