Tide to invest ₹6,000 cr in India over next 5 yrs; to add 800 jobs

British business management platform Tide on Friday said it will invest 500 million pounds (Rs 6,000 crore) in India over the next five years, starting 2026, and create over 800 jobs in the next 12 months, PTI reported.

- Business Desk

This investment will support the company’s original market entry commitment to invest 100 million pounds made in 2021, delivered ahead of the 5-year mark, according to a statement. With an investment of 500 million pounds over the next five years, starting in 2026, the company will deepen its long-term commitment to India, the statement said.

The UK-based company will also create over 800 jobs in the next 12 months, strengthening its India employee base to 2,300.

These new jobs will be across areas such as product development, software development, marketing, member support