Powered by India's small businesses, UK fintech Tide becomes a TPG-backed unicorn

TL;DR


Summary:
- Tide, a UK-based fintech company, has become a unicorn (a startup valued at over $1 billion) after receiving investment from the private equity firm TPG.
- Tide's success is largely attributed to its focus on serving India's small businesses, which make up a significant portion of the country's economy.
- The article highlights how Tide's understanding of the needs of small businesses in India has helped it grow and become a valuable fintech player in the global market.

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