Tide, the British digital business financial platform, plans to increase its India headcount by 350 skilled professionals in 2021. It hopes to expand its workforce in India to more than 400 by the end of 2021.
At least 180 people will be taken on in the domains of engineering and product development, and more than a 100 will be hired for the support and servicing departments at Tide’s global development centre in Hyderabad. Another 50 people will be hired for the marketing and support teams at the corporate office in Gurugram.
Tide helps small and medium enterprises to run their businesses effectively, in terms of time and costs, by not only offering business accounts and related banking services, but also a comprehensive set of highly usable administrative solutions. It offers its members business banking without monthly, weekly or annual, or card usage fees.
Oliver Prill, CEO, Tide, expressed excitement at Tide’s entry into the Indian market and the Company’s plans to leverage India’s large number of SMEs and its robust and fast growing fintech ecosystem. He is confident that the Company will find quality talent in India, which will help it to “scale globally”.
Gurjodhpal Singh, CEO, Tide India, shares that the Company’s mission is “to save small business owners time (and money)”, which has gained more relevance for Indian SMEs today than ever before. Singh boasts of Tide being “as an “employer of choice providing an open, collaborative and fulfilling work culture and experience where people go out of their way to be supportive and work as one global team.”
With a current workforce of more than a 100 at its global development centre in Hyderabad, the Company is working to bring its platform to the Indian market, with full- fledged market launch later this year. Founded in 2015 and launched in 2017, the London-based Company is now the leading business banking challenger in the UK.