ServiceNow bets  million on Indian banking software specialist to expand its financial services push

ServiceNow bets $40 million on Indian banking software specialist to expand its financial services push

ServiceNow, the U.S. enterprise software company known for automating workflows like IT service management and HR operations, is betting on an Indian banking software specialist to deepen its push into global financial services. The company has invested $40 million in BusinessNext, valuing the 24-year-old Indian firm at $700 million and taking a roughly 5% stake….

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ServiceNow bets  million on Indian banking software specialist to expand its financial services push

ServiceNow’s acquisition of Moveworks is reportedly being reviewed over antitrust concerns

ServiceNow’s acquisition of enterprise AI startup Moveworks is reportedly drawing regulatory scrutiny. The acquisition is currently under review for antitrust by the U.S. Justice Department, according to Bloomberg, which cited sources familiar with the matter. The probe began in June, Bloomberg reported, and both companies have since received a “second request” calling for additional information…

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