--- title: ServiceNow bets $40 million on Indian banking software... description: ServiceNow has invested $40 million in BusinessNext, an Indian banking software company, valuing it at $700 million and acquiring roughly a 5% stake.... canonical: https://daily.dev/posts/servicenow-bets-40-million-on-indian-banking-software-specialist-to-expand-its-financial-services-p-qjnidrcqb twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: ServiceNow bets $40 million on Indian banking software specialist to expand its financial services push | daily.dev og:description: ServiceNow has invested $40 million in BusinessNext, an Indian banking software company, valuing it at $700 million and acquiring roughly a 5% stake.... og:url: https://daily.dev/posts/servicenow-bets-40-million-on-indian-banking-software-specialist-to-expand-its-financial-services-p-qjnidrcqb og:image: https://api.daily.dev/og/posts/qJNidRCQb.png og:image:alt: ServiceNow bets $40 million on Indian banking software specialist to expand its financial services push og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # ServiceNow bets $40 million on Indian banking software specialist to expand its financial services push **[TechCrunch](https://daily.dev/sources/tc)** · 3 min read · 0 upvotes · 0 comments ## Summary ServiceNow has invested $40 million in BusinessNext, an Indian banking software company, valuing it at $700 million and acquiring roughly a 5% stake. BusinessNext, formerly CRMNext, builds an 'autonomous banking' platform using AI agents to automate customer-facing banking workflows, serving over 70 banks across India, Southeast Asia, the Middle East, and the U.S. The deal gives BusinessNext access to ServiceNow's global sales network to accelerate international expansion, while ServiceNow deepens its financial services portfolio by combining its back-office workflow automation with BusinessNext's banking-specific software. The partnership is positioned as a joint go-to-market play targeting financial institutions undergoing AI-led digital transformation. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [ServiceNow projects $30bn by 2030, with a third of ACV from AI](https://daily.dev/posts/servicenow-projects-30bn-by-2030-with-a-third-of-acv-from-ai-vcfwjqge9) · The Next Web · 0 upvotes · 0 comments - [How AI and cybersecurity are reshaping ServiceNow](https://daily.dev/posts/how-ai-and-cybersecurity-are-reshaping-servicenow-mzvfncmpm) · CSO Online · 3 upvotes · 0 comments - [ServiceNow Announces $7.75 Billion Acquisition of Cybersecurity Firm Armis](https://daily.dev/posts/servicenow-announces-7-75-billion-acquisition-of-cybersecurity-firm-armis-uagdonhxw) · Security Boulevard · 0 upvotes · 0 comments - [ServiceNow boasts of better bots thanks to experience](https://daily.dev/posts/servicenow-boasts-of-better-bots-thanks-to-experience-gwtgbal2u) · The Register · 1 upvotes · 0 comments --- Tags: [#ai-agents](https://daily.dev/tags/ai-agents), [#fintech](https://daily.dev/tags/fintech) [View this post on daily.dev](https://daily.dev/posts/servicenow-bets-40-million-on-indian-banking-software-specialist-to-expand-its-financial-services-p-qjnidrcqb) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"ServiceNow bets $40 million on Indian banking software specialist to expand its financial services push","url":"https://daily.dev/posts/servicenow-bets-40-million-on-indian-banking-software-specialist-to-expand-its-financial-services-p-qjnidrcqb","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/servicenow-bets-40-million-on-indian-banking-software-specialist-to-expand-its-financial-services-p-qjnidrcqb"},"datePublished":"2026-07-23T06:09:25.760Z","dateModified":"2026-07-23T06:09:59.750Z","description":"ServiceNow has invested $40 million in BusinessNext, an Indian banking software company, valuing it at $700 million and acquiring roughly a 5% stake....","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/e5a85e362bdd37112ec9d4d6aef98a64?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/e5a85e362bdd37112ec9d4d6aef98a64?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"TechCrunch","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"TechCrunch","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tc","url":"https://daily.dev/sources/tc"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/servicenow-bets-40-million-on-indian-banking-software-specialist-to-expand-its-financial-services-p-qjnidrcqb","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"ai-agents,fintech","timeRequired":"PT3M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"TechCrunch","item":"https://daily.dev/sources/tc"},{"@type":"ListItem","position":3,"name":"ServiceNow bets $40 million on Indian banking software specialist to expand its financial services push"}]} ```