{"id":963592,"date":"2025-09-23T10:34:45","date_gmt":"2025-09-23T05:04:45","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=963592"},"modified":"2025-09-23T11:45:36","modified_gmt":"2025-09-23T06:15:36","slug":"tide-secures-120-million-from-tpg-valuation-jumps-to-1-5-billion","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/23\/tide-secures-120-million-from-tpg-valuation-jumps-to-1-5-billion\/","title":{"rendered":"Tide secures $120 million from TPG, valuation jumps to $1.5 billion"},"content":{"rendered":"<p>UK-headquartered fintech startup Tide, which has around half of its customer base in India, has secured $120 million in a fresh funding round led by global alternative asset management company TPG, with existing investor Apax, another global private equity firm, also participating.<\/p>\n<p>The round has valued Tide at around $1.5 billion, said Oliver Prill, the company\u2019s chief executive officer.<\/p>\n<p>This is a major valuation bump up for the 2017-founded startup. It had last raised a major equity funding round in 2021, from Apax, when it was valued at around $650 million, data from Tracxn shows.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>UK-headquartered fintech startup Tide, which has around half of its customer base in India, has secured $120 million in a fresh funding round led by global alternative asset management company TPG, with existing investor Apax, another global private equity firm, also participating. The round has valued Tide at around $1.5 billion, said Oliver Prill, the company\u2019s chief executive officer. This is a major valuation bump up for the 2017-founded startup. It had last raised a major equity funding round in 2021, from Apax, when it was valued at around $650 million, data from Tracxn shows.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-963592","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/963592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=963592"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/963592\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=963592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=963592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=963592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}