ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company at $700M and taking a roughly 5% stake (Jagmeet Singh/TechCrunch)

<a href="https://techcrunch.com/2026/07/22/servicenow-bets-40m-on-indian-firm-businessnext-at-700m-valuation-to-deepen-banking-ai-push/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260723/i8.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260723/p8#a260723p8" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Jagmeet Singh / <a href="http://techcrunch.com/">TechCrunch</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://techcrunch.com/2026/07/22/servicenow-bets-40m-on-indian-firm-businessnext-at-700m-valuation-to-deepen-banking-ai-push/">ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company at $700M and taking a roughly 5% stake</a></b></span>&nbsp; &mdash;&nbsp; ServiceNow, the U.S. enterprise software company known for automating workflows like IT service management and HR operations &hellip; </p>